when treasury stock is accounted for at cost,the cost is reported on the balance sheet as()

问题描述:

when treasury stock is accounted for at cost,the cost is reported on the balance sheet as()
A cost of goods sold
B asset
C reduction of retained earnings
D unallocated reduction of shareholders' equity.

选D.unallocated reduction of shareholders' equity.
网上能查到这个句子:
Treasury stock is not considered to be an asset:it is a reduction of stockholders' equity.