Multiple Choice
When the selling price of treasury stock is greater than its cost the company credits the difference to
A) Gain on Sale of Treasury Stock.
B) Paid-in Capital from Treasury Stock.
C) Paid-in Capital in Excess of Par.
D) Treasury Stock.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: Dividends are declared out of retained earnings.
Q39: Vangaurd Corporation's December 31 2017 balance
Q40: The stockholders' equity section of a corporation's
Q41: Match the items below.
Q42: 1.Name at least three factors that influence
Q44: IFRS uses each of the following terms
Q45: The dominant form of business organization in
Q46: Companies frequently issue both preferred stock and
Q47: Ten thousand shares of treasury stock of
Q48: Westglow Corporation purchased 3000 shares of its