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Clean surplus accounting for most common stock transactions holds for shares accounted for at market value. An exception to this is: issuance of common equity

Clean surplus accounting for most common stock transactions holds for shares accounted for at market value. An exception to this is:

issuance of common equity shares for employee stock options exercises.

repurchase of common shares.

issuance of common shares to new shareholders in public exchanges.

None of these.

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