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The Balance Sheet of FIFA Cup Company Included the Following

Question 6

Multiple Choice

The balance sheet of FIFA Cup Company included the following shareholders' equity section at December 31, 2018: The balance sheet of FIFA Cup Company included the following shareholders' equity section at December 31, 2018: On January 5, 2019, FIFA purchased and retired 2 million shares for $9 million. Immediately after retirement of the shares, the balances in the paid-in capital-excess of par and retained earnings accounts are: A) Option A B) Option B C) Option C D) Option D On January 5, 2019, FIFA purchased and retired 2 million shares for $9 million. Immediately after retirement of the shares, the balances in the paid-in capital-excess of par and retained earnings accounts are: The balance sheet of FIFA Cup Company included the following shareholders' equity section at December 31, 2018: On January 5, 2019, FIFA purchased and retired 2 million shares for $9 million. Immediately after retirement of the shares, the balances in the paid-in capital-excess of par and retained earnings accounts are: A) Option A B) Option B C) Option C D) Option D


A) Option A
B) Option B
C) Option C
D) Option D

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