It is an equity transaction. Record as follows:

highergoal (highergoal)
If there is balance in contributed surplus, wash it out completely, any residual value from $4900 is recorded as a deduction to retained earnings.

For example, if contributed surplus has $3,000 balance.

Dr. Common share 100
Dr. Contributed Surplus 3000
Dr. Retained earnings 1900
Cr. Cash 5000
2015-4-8 -05:00
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Back To Topic: 请教:公司要从其中一个股东手里 common share buy back,账面价值是$100,公司以$5,000买回,要怎么记double entry to record $4,900? Dr. Common Share Class A $100.00, Dr. ??? $4,900 Cr. Bank $5,000。谢谢

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