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Skysong, Inc. purchased 3900 shares of its own previously issued $10 par common stock for $117000. As a result of this event, O Skysong's Common

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Skysong, Inc. purchased 3900 shares of its own previously issued $10 par common stock for $117000. As a result of this event, O Skysong's Common Stock account decreased $39000. O Skysong's total stockholders' equity decreased $117000. O Skysong's Paid-in Capital in Excess of Par Value account decreased $78000. O All of these answer choices are correct

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