Question: When using the par value method of accounting for treasury stock?, Treasury stock account is increased or decreased for the amount paid or received. Contributed

When using the par value method of accounting for treasury stock?, 

Treasury stock account is increased or decreased for the amount paid or received. 

Contributed capital accounts are reduced for the amount paid for the treasury stock.

Treasury stock is deducted from the Common stock account. 

Retained earnings is credited for amounts received in excess of amounts paid.

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