Answered: The purchase of treasury share does not…

The purchase of treasury share does not affect Group of answer choices total assets. the amount of share outstanding. total shareholders’ equity. the amount of share issued.

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter20: Corporations: Organization And Capital Stock

Section: Chapter Questions

Problem 8RQ

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Question

The purchase of treasury share does not affect

Group of answer choices

total assets.

the amount of share outstanding.

total shareholders’ equity.

the amount of share issued.

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please answer correct with proper explanation