On incorporation, Dee Inc. issued stock at a price in excess of its par value. No other

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Question:

On incorporation, Dee Inc. issued stock at a price in excess of its par value. No other stock transactions occurred except treasury stock was acquired for an amount exceeding this issue price. If Dee, immediately retired the stocks acquired, what is the effect of the acquisition on the following?

Net Common Stock Additional Paid-in Capital Retained Earnings

-Decrease, Decrease, Decrease
-No effect, decrease, No effect
-Decrease, No effect, Decrease
-No effect, Decrease, Decrease