The median of all the string numbers would be 52
Answer:
(C) Decrease No effect
Explanation:
at purchase:
30,000 shares x 16 dollars each:
Treasury stock 480,000 debit
Cash 480,000 credit
--purchase of own share--
Then we will decrease retained earnings for the difference in the cash proceed on the sale and our treasury stock.
30,000 x 12 dollars = 360,000 cash proceeds
treasury stock 480,000
decrease in RE 120,000
cash 360,000 debit
retained earnings 120,000 debit
Treasury Stock 480,000 credit
Answer:
hiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii nice to meet you
Explanation:
D Bc it is d is why it is d is correct
Answer:
Decrease by $6100
Explanation:
Any gain or loss adjustment on an investment in available-for-sale securities is accounted for under the title Other Comprehensive Income in the Statement of Profit and Loss and Other Comprehensive Income. Thus, the effect of this loss on comprehensive income will be a Decrease by $6100.
