In which section of the financial statements would Paid-In Capital from Sale of Treasury Stock be reported?

A) Other expense on income statement
B) Intangible asset on the balance sheet
C) Stockholders' equity on balance sheet
D) Other income on income statement

Stockholders' Equity

Represents the ownership interest of shareholders in a corporation, calculated as total assets minus total liabilities.

Treasury Stock

Equities which were first released to the public by a company and later repurchased by the same company, thus diminishing the total number of shares accessible in the marketplace.

Balance Sheet

A comprehensive outline of a business’s financial assets, liabilities, and the equity of its shareholders, aimed to portray the financial standing at a precise point in time.