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CGJ Company has provided the following: 200,000 shares of $5 par value common stock are authorized 140,000 shares of common stock were issued for $11
CGJ Company has provided the following: 200,000 shares of $5 par value common stock are authorized 140,000 shares of common stock were issued for $11 per share 130,000 shares are outstanding Which of the following statements is false? O Additional paid-in capital is reported at $840,000 on the balance sheet. O There are 10,000 shares of treasury stock. O Stockholders' equity decreased $110,000 when the treasury stock was purchased. O Common stock is reported at $700,000 on the balance sheet
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