Which of the following balance-sheet accounts will not be affected when there is a reduction in the number of outstanding shares?
A) Retained earnings
B) Additional paid-in capital
C) Common shares (valued at par value)
D) Treasury shares at cost

Question

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The Answer of Which of the following balance-sheet accounts will not be affected when there is a reduction in the number of outstanding shares?
A) Retained earnings
B) Additional paid-in capital
C) Common shares (valued at par value)
D) Treasury shares at cost

Which of the Following Balance-Sheet Accounts Will Not Be Affected