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Question 20 (1 point) Which of the following can be referred to as a contra equity account? treasury stock no par stock retained earnings O

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Question 20 (1 point) Which of the following can be referred to as a "contra equity account?" treasury stock no par stock retained earnings O accumulated depreciation Question 21 (1 point) A company has 1,000 shares of treasury stock. The par of this stock is $5, and the company paid $20 per share to acquire the stock. Which of the following is correct. The company can resell these shares, but for no more than $5 per share. The company can resell these shares, but for no more than $20 per share. The company can resell these shares for the current market price. The company cannot resell these shares, because they were already issued in the past. Question 22 (1 point) Which of the following is NOT contributed capital? Addition paid-in capital (paid-in capital in excess of par) Common stock Retained earnings Preferred stock Question 23 (1 point) Our company issued 100,000 shares of $40 par common stock for $42 per share. The company will receive $4,000,000 This represents a stock dividend of $2 per share Paid-in capital in excess of par will increase $200,000 The common stock account will increase $4,200,000

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