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Business, 10.10.2019 05:30 impura12713

When treasury stock is purchased for more than the par value of the stock and the cost method is used to account for treasury stock, what account(s) should be debited? a. treasury stock for the par value and paid-in capital in excess of par for the excess ofthe purchase price over the par value. b. paid-in capital in excess of par for the purchase price. c. treasury stock for the purchase price. d. treasury stock for the par value and retained earnings for the excess of the purchaseprice over the par value.

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