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    Financial Accounting Study Set 6
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    Exam 11: The Income Statement the Statement of Stockholders Equity
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    The Purchase of Treasury Stock
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The Purchase of Treasury Stock

Question 62

Question 62

Multiple Choice

The purchase of treasury stock:


A) does not affect stockholders' equity.
B) increases stockholders' equity.
C) decreases stockholders' equity.
D) does none of the above.

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