$13$

Kellogg's financial statements?

Multiple Choice

$$ Option A

$$ Option B

$$ Option C

$$ Option D

13 Kellogg. Incorporated purchased 200 shares of its own $20 par value stock for $30 cash per share. Which of the following answers reflects how this purchase of treasury stock would affect the elements of Kellogg's financial statements? Balance Sheet Liabilities + Stockholders' Equity Income Statement B. c. Cash (4, o) (6,oe) (6,e) (4, ee) Assets + Investment 6, oee 4, eeo Other Equity Accounts Payable + Accounts - NA Treasury StockbDRevenue, Expenseo = 4, ooo NA NA _iiiiiikiiiriki\i Statement of Cash Net FJows gocome NA (4,000) FA 6,e IA (6,000) FA IA Multiple Choice o O O Option A Option B Option C Option D