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what is the efect on additional paid in capital from treasury stock transactions 617468

Treasury stock was acquired for cash at more than its par value and then subsequently sold for cash at more than its acquisition price. What is the efect on additional paid-in capital from treasury stock transactions?

Purchase of

Sale of

Treasury Stock

Treasury Stock

a

No efect

No efect

b.

No efect

Increase

c.

Decrease

Increase

d.

Decrease

No efect

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