Trans Union Corporation issued 6,800 shares for $50 per share in the current year, and it issued 11,800 shares for $37 per share in the following year. The year after that, the company reacquired 21,800 shares of its own stock for $45 per share. Determine the impact (increase, decrease, or no change) of each of these transactions on the following classifications:1. Sold 5,000 Shares what is: A. Total Assets? B. Total Liabilities? C. Total Stockholders Equity? D. Net Income?2. Sold 10,000 Shares: what is: A. Total Assets? B. Total Liabilities? C. Total Stockholders Equity? D. Net Income?3. Purchased 20,0000 of Treasury Stocks: what is: A. Total Assets? B. Total Liabilities? C. Total Stockholders Equity? D. Net Income?
Answers: 2
Business, 21.06.2019 21:00
During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?
Answers: 1
Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
Business, 23.06.2019 03:00
If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of
Answers: 2
Trans Union Corporation issued 6,800 shares for $50 per share in the current year, and it issued 11,...
Business, 27.02.2021 01:00
English, 27.02.2021 01:00
Mathematics, 27.02.2021 01:00
Mathematics, 27.02.2021 01:00
Chemistry, 27.02.2021 01:00
Mathematics, 27.02.2021 01:00
Chemistry, 27.02.2021 01:00
Mathematics, 27.02.2021 01:00
History, 27.02.2021 01:00
Mathematics, 27.02.2021 01:00
Mathematics, 27.02.2021 01:00