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When a corporation buys back its own stock, the stock is reported on the balance sheet as ______.

When a corporation buys back its own stock, the stock is reported on the balance sheet as ______.
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When a corporation buys back its own stock, the stock is reported on the balance sheet as ______.

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User Damote
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1 Answer

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Answer: contra equity account

Step-by-step explanation:

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User Mary Turkina
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