Which of the Following Statements Regarding Treasury Stock Is CORRECT

Multiple Choice

Which of the following statements regarding treasury stock is CORRECT?

A) Treasury Stock is reported beneath the Retained Earnings account on the balance sheet as a positive amount.
B) If the amounts received from resale of treasury stock are less than amounts originally paid,the difference is shown on the income statement as a loss on treasury stock transactions.
C) Treasury stock is recorded as an asset at the stock's market value on the date of purchase.
D) Repurchasing treasury stock provides a way for public companies to return cash to shareholders other than through dividends.