Unformatted text preview: When half of the treasury stock is resold, $50,000 is credited to Treasury Stock The balance in the Treasury Stock account is ($100,000 - $50,000 = #4. Answer: c. The number of shares issued is less than 20-25 #5. a. When a company issues a stock dividend, earnings per share decreases as the There is no effect on total assets, total liabilities or total stockholders’ equity. #6. ANSWER B $100,000...
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This note was uploaded on 02/29/2012 for the course INTERMEDIA 301 taught by Professor ?? during the Spring '12 term at Post.
- Spring '12