Question 10 (3 points) The cost of treasury stock is deducted from total paid-in capital and retained earnings in determining total stockholders' equity. True False Question 11 (4 points) Treasury stock shares are shares held by the U.S. Treasury Department part of the total outstanding shares but not part of the total issued shares of a corporation unissued shares that are held by the treasurer of the corporation issued shares that have been reacquired by a corporation Question 12 (4 points) The excess of sales price of treasury stock over its cost should be credited to Treasury Stock Receivable Premium on Capital Stock Paid-In Capital from Sale of Treasury Stock Income from Sale of Treasury Stock