The balance in the Treasury Stock account has increased. This represents a cash? _____ and is properly categorized in the? _______ activities section of the Statement of Cash Flows.

A.

?outflow, financing

B.

?inflow, financing

C.

?inflow, investing

D.

?outflow, investing

TLR Productions issued 40shares of $ 17$par value stock to its accountant in full payment for her $ 900 fee for assisting in setting up the new company. The entry to record the issuance of the stock would include?a:

A.

debit to Paid?in Capital in Excess of Par?Common for $ 220

B.

credit to Common Stock for $900.

C.

credit to Common Stock for $680.

D.

debit to Common Stock for $680.