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Treasury stock which was purchased for $5,000 is sold for $5,500.As a result of these two transactions combined Select one: a.stockholders' equity will be increased
Treasury stock which was purchased for $5,000 is sold for $5,500.As a result of these two transactions combined
Select one:
a.stockholders' equity will be increased by $5,500
b.income will be increased by $500
c.stockholders' equity will be increased by $500
d.stockholders' equity will not change
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