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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

#SPJ4

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What will happen to the price and quantity of Japanese goods in the US if the dollar depreciates causing the costs of producing
Helga [31]

The prices of Japanese goods will increase.

<h3>Economic Principles of Demand and Supply </h3>

Following the principles of demand and supply, the higher the price, the higher the quantity supplied (all other factors remaining constant).

Recall that cost of production for Japanese goods has also increased according to the question. When prices increase, suppliers sometimes want to take advantage to create even additional inflation in order to get additional profit. Hence they put out more goods at the instance of increased prices.

See the link below for more about the law of supply:
brainly.com/question/4803223

3 0
2 years ago
In 2016, Bubble Inc. had net income of $500,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2017, Bubb
victus00 [196]

Answer:

No

Explanation:

The computation of the return of assets is calculated by applying the formula which is shown below:

Return on assets = Net income ÷ assets

In 2016, the return on assets would be equal to

= $500,000 ÷ $5,000,000

= 0.1

In 2017, the return on assets would be equal to

= $600,000 ÷ $7,000,000

= 0.085

By comparing the return on assets for both the years, we get to know that the return on assets is declining from 2016 to 2017

7 0
3 years ago
The listing agent received a full price offer that she faxed to the out-of-town seller. The seller signed the faxed copy, and fa
ExtremeBDS [4]

Answer: Yes contract has been formed.

Explanation: According to the Uniform Electronic Transaction Act (UETA), electronic transactions are just as binding as transactions made on hardcopy documents. Moreover signatures made electronically reinforces the validity of these elctronic documents.

In the scenario the actual signature was signed on a hard copy by the seller, but it was then faxed back to the listing agent. This faxed copy, showing the faxed signature, is an electronic document that confirms the existence of the contract in accordance with the UETA. This faxed signature is as enforceable as an ink signature.

6 0
3 years ago
If you purchase health insurance from a federal- or state-facilitated health insurance marketplace, then you are eligible for a
aev [14]
<span>If you purchase health insurance from a federal- or state-facilitated health insurance marketplace, then you are eligible for a premium tax________?  Return Tax return</span>
7 0
2 years ago
Matt and Bree are saving for a new car. At the end of 2013, their total savings was $ 9,500 . In 2014, total savings increased t
Mrac [35]

Answer:

$725

Explanation:

The total savings made by Mat and Bree in year 2014 shall be given as follow:

Total savings in 2014=Aggregate savings in 2014-Aggregate savings in 2013

Aggregate saving in 2014=$10,225

Aggregate saving in 2013=$9,500

Total savings in year 2014=$10,225-$9,500

                                           =$725

5 0
2 years ago
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