11. Treasury bonds should be shown on the balance sheet as an asset. a deduction from bonds payable issued to arrive at net bonds payable and outstanding. a reduction of stockholders' equity. both an asset and a liability. a. b. C. d.

11. Treasury bonds should be shown on the balance sheet as a. an asset. b. a deduction from bonds payable issued to arrive at net bonds payable and outstanding. c. a reduction of stockholders' equity. d. both an asset and a liability. 11. Treasury bonds should be shown on the balance sheet as a. an asset. b. a deduction from bonds payable issued to arrive at net bonds payable and outstanding. c. a reduction of stockhoiders' equity. d. both an asset and a liability