If Treasury Stock Is Sold at a Price Greater Than

question 3

Multiple Choice

If treasury stock is sold at a price greater than its reacquisition costs, the difference is:

• A)credited to Paid-in Capital from Treasury Stock Transactions.
• B)debited to Paid-in Capital from Treasury Stock Transactions.
• C)credited to Retained Earnings.
• D)debited to Retained Earnings.

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