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A company purchased 3,000 shares of its own previously issued $10 par common stock for $69,000. As a result of this event: More than one
A company purchased 3,000 shares of its own previously issued $10 par common stock for $69,000. As a result of this event:
More than one can be correct.
A. Treasury Stock increased by $69,000
B. Liabilities Unchanged
C. Total stockholders' equity decreased by $69,000
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