Treasury stock is shown on the balance sheets as a deduction from ________.
A) total assets
B) total liabilities
C) total current assets
D) total stockholders' equity

Question

Quizplus · Accepted Answer

Treasury stock is considered a contra-equity account, meaning it reduces the overall equity balance. Therefore, it is shown as a deduction from total stockholders' equity on the balance sheet.

Treasury Stock Is Shown on the Balance Sheets as a Deduction