In the stockholders equity section, the cost of treasury stock is deducted from: (a) total paid-in capital

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In the stockholders’ equity section, the cost of treasury stock is deducted from:

(a) total paid-in capital and retained earnings.

(b) retained earnings.

(c) total stockholders’ equity.

(d) common stock in paid-in capital.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt

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