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Please answer the question above. When treasury stock is reissued at a price above cost: Multiple Choice The corporation recognizes a gain to be recorded

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Please answer the question above.

When treasury stock is reissued at a price above cost: Multiple Choice The corporation recognizes a gain to be recorded on the income statement. Total paid-in capital is increased. The re-issuance is treated as an extraordinary item in the corporation's income statement. Retained earnings is increased

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