6. In the stockholders equity section, the cost of treasury (SO 3) stock is deducted from: a....

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6. In the stockholders’ equity section, the cost of treasury (SO 3)

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: 9780470128848

6th Edition

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

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