Which of the Following Combinations Appropriately Reflects the Type of Accounts

question 59

Multiple Choice

Which of the following combinations appropriately reflects the type of accounts represented by the Treasury Stock account and Additional Paid-in Capital--Treasury Stock account? Treasury Stock Additional Paid-Capital - Treasury Stock

• A)contra stockholders' equity stockholders' equity
• B)contra stockholders' equity contra stockholders' equity
• C)stockholders' equity stockholders equity
• D)retained earnings retained earnings

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