Treasury stock should be reported in the financial statements of a corporation as a(n)________.
a. investment
b. liability
c. current asset
d. deduction from stockholders' equity

Respuesta :

Answer:

d. deduction from stockholders' equity

Explanation:

A treasury stock means the stock that is repurchased by the issued company. That means the shares are purchase bank which ultimately decreaed the outstanding amount of the stock on the open market. Also it contains the debit balance so it should be subtracted from the stockholder equity

Therefore the option d is correct