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Anika [276]
2 years ago
14

Fill in the blank question. Dilution Solutions, Inc. repurchased 1,000 shares of its $1 par value common stock for $5,000. The j

ournal entry to record this transaction includes a $5,000 to Treasury Stock
Business
1 answer:
Rama09 [41]2 years ago
4 0

Dilution Solutions, Inc. repurchased 1,000 shares of its $1 par value common stock for $5,000. The journal entry to record this transaction includes a $5,000 to Treasury Stock Debit

<h3>What is  journal?</h3>

A general journal is a daybook or subsidiary journal that records transactions such as adjustment entries, opening stock, depreciation, accounting errors, and so on. Journal vouchers, copies of management reports, and invoices are examples of source documents for general journal entries.

A journal is a diary that you keep of daily events or your thoughts, or a publication that deals with a specific industry or field. A diary is an example of a journal in which you write about what happens to you and what you are thinking.

An accounting journal is a detailed record of a company's financial transactions. Because it is the first place where transactions are recorded, it is also known as the book of original entry.

To know more about  journal follow the link:

brainly.com/question/14279491

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On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgagenote for $186,000 at 15%. The note will be
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The correct answer is A: interest= $21048

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An amortization schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term. While each periodic payment is the same amount early in the schedule, the majority of each payment is interest; later in the schedule, the majority of each payment covers the loan's principal.

Each payment is the same ($49,148), but the proportions of interest and capital pay changes. The interest proportion decreases from pay to pay.

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Second pay:

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Third pay:

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