In the stockholders equity section, the cost of treasury stock is deducted from: (a) total paid-in capital

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In the stockholders’ equity section, the cost of treasury

stock is deducted from:

(a) total paid-in capital and retained earnings.

(b) retained earnings.

(c) total stockholders’ equity.

(d) common stock in paid-in capital.

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

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