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    Intermediate Accounting Study Set 9
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    Exam 5: Balance Sheet and Statement of Cash Flows
  5. Question
    Treasury Stock Should Be Reported as A(n)
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Treasury Stock Should Be Reported as A(n)

Question 68

Question 68

Multiple Choice

Treasury stock should be reported as a(n)


A) current asset.
B) investment.
C) other asset.
D) reduction of stockholders' equity.

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