Business, 24.12.2019 06:31 aguilarjose

Gabriel company views share buybacks as treasury stock. in its first treasury stock transaction, gabriel purchased treasury stock for more than the price at which the stock was originally issued. what is the effect of the purchase of the treasury stock on each of the following?
total paid-in capital retained earnings
a. decrease decrease
b. decrease no effect
c. no effect decrease
d. no effect no effect

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Gabriel company views share buybacks as treasury stock. in its first treasury stock transaction, gab...

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