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    Intermediate Accounting Study Set 9
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    Exam 15: Stockholders Equity
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    "Gains" on Sales of Treasury Stock (Using the Cost Method)
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"Gains" on Sales of Treasury Stock (Using the Cost Method)

Question 136

Question 136

Multiple Choice

"Gains" on sales of treasury stock (using the cost method) should be credited to


A) paid-in capital from treasury stock.
B) capital stock.
C) retained earnings.
D) other income.

Correct Answer:

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