Business, 07.12.2019 02:31 Xlhoncho45
California surf clothing company issues 1,000 shares of $1 par value common stock at $17 per share. later in the year, the company decides to repurchase 100 shares at a cost of $20 per share. required: record the transaction if california surf reissues the 100 shares of treasury stock at $22 per share. treasury stock: when a company needs to raise capital, management may issue stock in exchange for cash or property. alternatively, after these stocks have been issued, management may wish to repurchase the previously issued shares. these repurchased stocks are called treasury stock. treasury stock is recorded under stockholders' equity as a contra-equity account, meaning that the account has a normal debit balance.
Answers: 1
Business, 21.06.2019 13:30
Boteck is a full-service technology company. it provides equipment, installation services, and training services. customers can purchase any product or service separately or as a bundled package. on may 3, box-rite corporation purchased computer equipment, installation, and training for a total cost of $120,000. estimated stand-alone fair values of the equipment, installation, and training are $75,000, $50,000, and $25,000 respectively. the journal entry to record the sale and installation on may 3 will include select one:
Answers: 1
Business, 22.06.2019 12:00
Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.
Answers: 2
Business, 22.06.2019 16:00
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
California surf clothing company issues 1,000 shares of $1 par value common stock at $17 per share....
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