Business, 19.02.2020 03:58 tatibean26

Glass Doors Inc. (GDI) is preparing the stockholders' equity section of their balance sheet. The following items occurred during the year. Which one of the following will not directly impact the stockholder's equity section of the balance sheet?
a. GDI owns securities classified as available for sale (AFS) with a cost basis of $376,000 and a fair value of $321,000. An unrealized loss was recorded of $55,000.
b. 100 shares of treasury stock were repurchased under the cost method for $7,500. The stock had a par value of $10.00 per share.
c. GDI sold 1,000 shares of common stock with a par value of $10 for $15,000.
d. GDI sold some old inventory for lower than originally paid.

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Glass Doors Inc. (GDI) is preparing the stockholders' equity section of their balance sheet. The fol...

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