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    Principles of Accounting Study Set 1
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    Exam 13: Accounting for Corporations
  5. Question
    On the Balance Sheet,treasury Stock Owned by the Company Is
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On the Balance Sheet,treasury Stock Owned by the Company Is

Question 150

Question 150

Multiple Choice

On the balance sheet,treasury stock owned by the company is classified properly as


A) contra-stockholders' equity.
B) current assets.
C) investments.
D) a note to the financial statements.

Correct Answer:

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