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2 years ago

_______Treasury Stock is reported on the balance sheet

Business

1 answer:

Debora [2.8K]2 years ago

5 0

Answer:

c. as a deduction from Stockholders’ Equity

Explanation:

The treatment of the treasury stock in the balance sheet is that it is deducted from the stockholder equity as it shows the buy back position of the common stock

The other things i.e retained earnings, additional paid in capital is to be added as it increased the balance of the stockholder equity

Therefore in the given case, the option C is correct

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Last summer, Fabia applied for three jobs. The first required a resume, but nothing else. The second required both a resume and

Anna35 [415]

Answer:

The rejection by the third job

Explanation:

Resumes

This is simply known as the normal means or method of an introduction to potential (assumed) employer. it containsmore relevant/more accurate information about the person and it is resume used as a basis for deciding which candidates to investigate further. The resume of candidates shows if identifies candidates meeting requirements.

There are various steps taken by the selection process in every organizations during employment exercise. They includes

1. Screening applications and resumes

2. Testing and reviewing work samples

3. Interviewing candidates

4. Checking references and background

5. Lastly, making a selection

The third one will be the most painful one to her as she has put more work into it than the rest.

6 0

3 years ago

Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previous problem. The initial margi

GrogVix [38]

Answer:

a.38%

b. No because the margin is above the requirement at 38%

c.-150%

Explanation:

1000 shares*$40 per share = 40000

margin requirement is 50% so equity = 20000

1 year later price increase to 50

$1000 shares*$50 per share = 50000

dividend = $2*1000 = 2000

margin = 20000/52000 = 38%

No because the margin is above the requirement at 38%

Price of 1000 stock year 1 at 50$/share = 50000

40000 – 50000 = -10000

Rate of return = (-10000 -20000)/20000 = -150%

3 0

3 years ago

Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama

Kryger [21]

Explanation:

The Journal entry is given below:-

1 January 2020 No Entry

31 December 2020 Compensation Expense Dr, 6,580

To, Paid-In-Capital 6,580

(Being the compensation expense stock-option plan is recorded)

Working Note:-

Compensation Expense

= $7 × 4,700 ÷ 5

= $7 × 940

= $6,580

7 0

2 years ago

The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8

Soloha48 [4]

Answer:

The journal entries for all transactions are as follows;

Explanation:

June 8. Bad Debts Expense Dr.$8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Aug 14. Bank Dr.$3,000

Bad Debt Expense Dr. $9,500

Accounts Receivable-Rosalie Oakes Cr.$12,500

Oct 16. Accounts-Receivable-Kathy Quantel Dr.$8,440

Bad Debts Expense Cr. $ 8,440

Cash Dr. $8,440

Accounts-Receivable-Kathy Quantel Cr.$8,440

Dec 31. Bad debt Expense Dr. 24,955

Account Receivable-Wade Dolan Cr.$4,600

A/R-Greg Gagne Cr.$3,600

A/R-Amber Kisko Cr.$7,150

A/R- Shannon Poole Cr.$2,975

A/R-Niki Spence Cr.$6,630

6 0

3 years ago

Which is a disadvantage of withdrawing more money than is available in a checking

Nataliya [291]

Answer:

Explanation:

Because you are going over the limit therefore overdrafting money you dont have

3 0

3 years ago