Answer:
A. decreases the company’s total assets and total stockholders' equity.
Explanation:
The journal entry will be: Treasury stock (Debit - Increased) 6,000 and Cash (Credit - Decreased) 6,000.
Treasury stock is a contra equity account that increases, decreasing Equity and Cash or another payment medium are assets that decrease, balancing the Accountable equation.
<span>Households buy financial assets such as stocks and bonds. The purchase of stocks and bonds are considered loans and not goods or other services. Newly produced capital is a good thing for the economy. However, the initial purchase of a financial asset is not.</span>
Answer:
Journal entries to record the expenses incurred are given below.
Debit Factory Overhead Control Account $ 1300
Credit Utilities bills account $ 700
Credit Accumlated factory depreciation $ 400
Credit property tax payable $ 200
Journal entries to record the allocation of overhead at the predetermined rate of $1.50 per machine hour are given below.
Debit WiP process account $ 525
Credit Factory overhead applied account $ 525
(1.5 * 350 (machine hours))
Option C wearing straw hats become popular
Answer:
d. the estimated slope coefficient is more likely to equal the population slope coefficient.
Explanation:
R squared is a statistical measure that measures the closliness of data from regression line. in general a large r squared tends to suggest that the estimated slope coefficient is more likely to equal the population slope coefficient.
