Which of the following balance-sheet accounts will not be affected when there is a reduction in the number of outstanding shares?
A)retained earnings
B)additional paid-in capital
C)common shares (at par value)
D)treasury stock at cost

Question

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The Answer of Which of the following balance-sheet accounts will not be affected when there is a reduction in the number of outstanding shares?
A)retained earnings
B)additional paid-in capital
C)common shares (at par value)
D)treasury stock at cost

Which of the Following Balance-Sheet Accounts Will Not Be Affected