Gains and losses on the purchase and resale of treasury, Ask an Expert

Accounting

Gains and losses on the purchase and resale of treasury stock may be reflected only in:

a. paid-in capital accounts.

b. paid-in capital and retained earnings accounts.

c. income, paid-in capital, and retaining earnings accounts.

d. income and paid-in capital accounts.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9430869

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