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Home Q & A Board Other Fields Homework Help Business Accounting
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tivo tivo
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7 years ago
HiTech Industries has 10,000 shares of treasury cost which it purchased for $61/share. It later resold 3,000 of those shares for $87/share. The amount to be credited to Paid-in Capital–Treasury Stock is:
A) $261,000.
B) $78,000.
C) $156,000.
D) $183,000.
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
wrote...
#3
5 years ago
Thanks!
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