What types of accounts are Treasury Stock and Paid-in Capital from Treasury Stock Transactions? Treasury Stock Paid-in Capital from Treasury Stock Transactions

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Treasury Stock is considered a contra equity account because it reduces the total amount of equity that a company has. Paid-in Capital from Treasury Stock Transactions is also a contra equity account as it tracks the amount of money that was invested in the company when purchasing back its own stock. Therefore, both accounts fall under the category of contra equity in stockholders' equity.

What Types of Accounts Are Treasury Stock and Paid-In Capital