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When Treasury Stock is resold, it can be resold at prices that are both higher and lower than the cost or price paid to acquire
When Treasury Stock is resold, it can be resold at prices that are both higher and lower than the cost or price paid to acquire it. If the stock price on re-sale is lower, and if the Treasury Stock APIC account is already at O where would you record the accounting deficit" on re- sale
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Auditing
Authors: Karla M. Johnstone, Audrey A. Gramling, Larry E. Rittenberg
8th International Edition
0538477660, 978-0538477666
