Question

Buffette Software had the following selected account balances at December 31, 2014 (in thousands, except par value per share):


Requirements
1. Prepare the stockholders’ equity section of Buffette Software’s balance sheet (in thousands).
2. How can Buffette have a larger balance of treasury stock than the sum of Common Stock and Paid-in Capital in Excess ofPar?


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  • CreatedJuly 25, 2014
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