Treasury Stock Indicate whether the following transactions increase, decrease, or have no effect on (a) Total assets and on (b) Total stockholders equity Issue 1,000 shares of common stock at $10 per share Purchase 500 shares of common stock as treasury stock at $15 per share Reissue 400 shares of treasury stock at $18 per share Reissue 100 shares of treasury stock at $12 per share

Question: Treasury Stock Indicate whether the following transactions increase, decrease, or have no effect on (a) Total assets and on (b) Total stockholders equity. _____ Issue

Treasury Stock Indicate whether the following transactions increase, decrease, or have no effect on
(a) Total assets and on
(b) Total stockholders’ equity.
_____ Issue 1,000 shares of at $10 per share
_____ Purchase 500 shares of as treasury stock at $15 per share
_____ Reissue 400 shares of treasury stock at $18 per share
_____ Reissue 100 shares of treasury stock at $12 per share

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