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Question 16 2 pts Which of the following is TRUE regarding the accounting for treasury stock? O Treasury stock represents a negative equity account All

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Question 16 2 pts Which of the following is TRUE regarding the accounting for treasury stock? O Treasury stock represents a negative equity account All of the other answer choices are correct. No answer text provided. No answer text provided. The purchase and sale of treasury stock has no impact on the income statement Treasury stock is reported on the balance sheet in the equity

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