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    Financial Accounting Study Set 29
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    Exam 11: The Income Statement and the Statement of Stockholders Equity
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    On a Statement of Stockholders' Equity, Treasury Stock Transactions Affect
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On a Statement of Stockholders' Equity, Treasury Stock Transactions Affect

Question 59

Question 59

Multiple Choice

On a Statement of Stockholders' Equity, treasury stock transactions affect:


A) common stock.
B) retained earnings and common stock.
C) common stock and additional paid- in capital.
D) additional paid- in capital.

Correct Answer:

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