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

b.$\begin{array}{cc}
\text { contra stockholders' equity } & \text { contra stockholders' equity } \
\end{array}$

c.$\begin{array}{cc}
\text { stockholders' equity } &&&& \text {stockholders' equity } \
\end{array}$

d.$\begin{array}{cc}
\text {retained earnings } &&&&& \text { retained earnings} \
\end{array}$

Question

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

b.$\begin{array}{cc}
  \text { contra stockholders' equity } &  \text { contra stockholders' equity } \
\end{array}$

c.$\begin{array}{cc}
  \text { stockholders' equity  } &&&&  \text {stockholders' equity  } \
\end{array}$

d.$\begin{array}{cc}
  \text {retained earnings  } &&&&&  \text {  retained earnings} \
\end{array}$

Quizplus · Accepted Answer

The Answer of Which of the following combinations appropriately reflects the type of accounts represented by the Treasury Stock account and the Additional Paid-In Capital-Treasury Stock account? 
$\begin{array}{cc}
  \text {  Treasury Stock} &&&&&&  \text {Additional Paid-In Capital—-Treasury Stock  } \
\end{array}$ 
a.$\begin{array}{cc}
  \text { contra stockholders' equity } &  \text { stockholders' equity  } \
\end{array}$

b.$\begin{array}{cc}
  \text { contra stockholders' equity } &  \text { contra stockholders' equity } \
\end{array}$

c.$\begin{array}{cc}
  \text { stockholders' equity  } &&&&  \text {stockholders' equity  } \
\end{array}$

d.$\begin{array}{cc}
  \text {retained earnings  } &&&&&  \text {  retained earnings} \
\end{array}$

Which of the Following Combinations Appropriately Reflects the Type of Accounts