Additional Paid-in Capital-Common Stock increases when Treasury Stock is issued above its purchase price.

Name: Additional Paid-in Capital-Common Stock increases when Treasury Stock is issued above its purchase price.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Additional Paid-in Capital-Common Stock is not affected by the issuance of Treasury Stock. Instead, any excess over the purchase price when Treasury Stock is reissued is credited to Additional Paid-in Capital-Treasury Stock.

Additional Paid-In Capital-Common Stock Increases When Treasury Stock Is Issued