Treasury stock:
A. is an asset account.
B. does not appear on the balance sheet.
C. is recorded as additional paid-in capital.
D. is a contra-equity account.
Answer: D
Business
You might also like to view...
The independent auditor's report conveys whether or not the business is a good investment
a. True b. False Indicate whether the statement is true or false
Business
What will most likely be the result of using an unplanned approach, in which each employee's pay is independently negotiated?
A. cost control B. dissatisfied employees C. equal pay distribution D. rates that are stable E. easy employment
Business
That man over at the next table keeps ________ at me
A) staring B) starring
Business
The US Constitution is made up of seven articles and ten amendments
Indicate whether the statement is true or false
Business