Which of the following combinations appropriately reflects the type of accounts represented by the Treasury Stock account and Additional Paid-in Capital-Treasury Stock account? $\begin{array}{cc}
\text {Treasury Stock} & \text { Additional Paid-in Capital-Treasury Stock } \
\hline \text { a.contra stockholders' equity } &\text {stockholders' equity }\
\text { b.contra stockholders' equity } &\text { contra stockholders' equity}\
\text { c. stockholders' equity} &\text { stockholders' equity}\
\text { d. retained earnings } &\text { retained earnings }\
\end{array}$

Question

Which of the following combinations appropriately reflects the type of accounts represented by the Treasury Stock account and Additional Paid-in Capital-Treasury Stock account? ​ $\begin{array}{cc}
 \text {Treasury Stock} & \text { Additional Paid-in Capital-Treasury Stock } \
\hline \text { a.contra stockholders' equity } &\text {stockholders' equity }\
\text { b.contra stockholders' equity  } &\text { contra stockholders' equity}\
\text { c. stockholders' equity} &\text { stockholders' equity}\
\text { d. retained earnings  } &\text { retained earnings  }\
\end{array}$

Quizplus · Accepted Answer

The Answer of Which of the following combinations appropriately reflects the type of accounts represented by the Treasury Stock account and Additional Paid-in Capital-Treasury Stock account? ​ $\begin{array}{cc}
 \text {Treasury Stock} & \text { Additional Paid-in Capital-Treasury Stock } \
\hline \text { a.contra stockholders' equity } &\text {stockholders' equity }\
\text { b.contra stockholders' equity  } &\text { contra stockholders' equity}\
\text { c. stockholders' equity} &\text { stockholders' equity}\
\text { d. retained earnings  } &\text { retained earnings  }\
\end{array}$

Which of the Following Combinations Appropriately Reflects the Type of Accounts