Treasury Stock
Indicate whether the following transactions increase, decrease, or have no effect on (a) total assets and on (b) total stockholders’ equity.
_______ Issue 1,000 shares of common stock at $10 per share
_______ Purchase 500 shares of common stock as treasury stock at $15 per share
_______ Reissue 400 shares of treasury stock at $18 per share
_______ Reissue 100 shares of treasury stock at $12 per share
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