When preparing the stockholders' equity section of the balance sheet, assume that the following accounts have normal balances.  Which of these account balances would not be an addition to the Paid-In Capital section? Group of answer choices Common Stock (credit balance) Treasury Stock (debit balance) Paid-In Capital in Excess Par Common Stock (credit balance) Preferred Stock (credit balance)

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 15MC: Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and...
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When preparing the stockholders' equity section of the balance sheet, assume that the following accounts have normal balances.  Which of these account balances would not be an addition to the Paid-In Capital section?
Group of answer choices
Common Stock (credit balance)
Treasury Stock (debit balance)
Paid-In Capital in Excess Par Common Stock (credit balance)
Preferred Stock (credit balance)
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