15 of 25 A cost incurred by the seller when credit customers do not pay is called bad debt expense a write down. an unallowable account. accounts deceivable 16 of 25 HiTech Industries has a $13,000 credit balance in Paid-In Capital-Treasury Stock. It sells 1,000 shares of treasury stock, which the company reacquired at $59/share, for $56/share. After the transaction, what will the balance be in the Paid-In Capital in Excess of Par-Treasury account? $16,000 credit $13,000 credit $3,000 debit S10,000 credit 17 of 25 Which of the following would cause the decrease of the par value of a company's stock? Sale of additional stock Stock dividend Cash dividend Stock split