If a Company Purchases Treasury Stock for $6,000 and Then

question 89

Multiple Choice

If a company purchases treasury stock for $6,000 and then reissues it for $5,000, the difference of $1,000 is

• A)treated as a gain on the sale.
• B)treated as a loss on the sale.
• C)an increase in stockholders' equity.
• D)a decrease in stockholders' equity.

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Definitions:

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