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Home Q & A Board Other Fields Homework Help Business Accounting
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Toko Toko
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5 years ago
Under the single transaction method, the difference between the cost of treasury stock and a
subsequent higher selling price of the treasury stock should be credited to:
A) Retained earnings.
B) Share capital.
C) Gain from treasury stock transaction.
D) Contributed capital.
Textbook 
Intermediate Accounting, Volume 2

Intermediate Accounting, Volume 2


Edition: 5th
Authors:
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gagegage
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5 years ago
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Toko Author
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#2
5 years ago
Thanks for your help!
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