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Business, 11.09.2019 04:20 ilopez24661
How should a "gain" from the sale of treasury stock be reflected when using the cost method of recording treasury stock transactions?
a. as ordinary earnings shown on the income statement.
b. as paid-in capital from treasury stock transactions.
c. as an increase in the amount shown for common stock.
d. as an extraordinary item shown on the income statement.
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