Under the single transaction method, the difference between the cost of treasury stock and a

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Under the single transaction method, the difference between the cost of treasury stock and a

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

Edition: 5^th

Authors: Beechy, Conrod, Farrell

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