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vodka [1.7K]
3 years ago
11

On January 2, 2016, Alpha Corporation issued 15,000 shares of $10 par value common stock for $15 per share. On March 1, 2016, Al

pha reacquired 1,000 of these shares when they were trading $20 each. September 1, 2016, when the market was soaring, Alpha reissued 500 shares of treasury stock at the going market rate of $25 per share. Use this information to prepare the General Journal entry (without explanation) for September 1.

Business
1 answer:
erik [133]3 years ago
3 0

Answer:

Given:

On January 2, 2016:

Issued 15,000 shares of $10 par value

Common stock for $15 per share

On March 1, 2016: Alpha reacquired 1,000 of these shares when they were trading $20 each.

On September 1, 2016: Alpha reissued 500 shares of treasury stock at the going market rate of $25 per share.

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soldi70 [24.7K]
Hey there!

Employers should do random safety checks every so often, maybe every single week. They should do this to ensure that all employees are wearing the right safety equipment along side doing the right procedure.


Hope  I was able to help!
3 0
3 years ago
What is meant by allocative efficiency? Allocative efficiency is when every good or service A. is produced up to the point where
Alborosie

Answer:

Option (E) is correct.

Explanation:

Allocative efficiency is created when the gap between marginal benefit and marginal cost is maximum. The marginal benefit is the benefit that a consumer can get by consuming an additional unit of a commodity and the marginal cost is the cost that a producer incurred by producing an additional unit.

Hence, the allocative efficiency is achieved where the difference between these two terms is maximized.

5 0
3 years ago
Bethenny, who resides in Rhode Island, breached a contract entered into in Florida with Geraldo. Geraldo successfully obtains a
Anarel [89]

Answer:

C. Geraldo will be able to sell the beach house in North Carolina through attachment jurisdiction, but he must return to Bethenny any funds obtained in excess of amounts owed

Explanation:

Under attachment jurisdiction also called quasi in rem jurisdiction, Geraldo who has suffered damages on contract breach will be compensated for losses or obtain judgement through the sale of the beach house in North Carolina thowever any excess funds on debt owed gotten through the sale of the house must be remitted or returned to the debtor Bethenny

5 0
3 years ago
When choosing a senior sales representative or sales manager to serve as a sales trainer, the company should look for success in
crimeas [40]

Answer:

The correct answer is letter "B": for effective communication skills.

Explanation:

Salespeople main tool is <em>persuasion</em>: the act of <em>creating a need</em> where there may not be. A critical skill required for these types of employees is effective communication. Salespeople must find ways to express their ideas through a sales speech that convinces consumers to generate profits out of sales. They also should reshape that speech according to the different types of customers for a product.

6 0
3 years ago
Marc Adler is the owner of Macquarium , a multimillion- dollar communications company that does everything from video Production
dimaraw [331]

Answer: outsourced

Explanation:

Outsourcing simply meabs the business practice whereby a company hires another party outside the company to perform a particular activity related to it's production for them which the company could have done itself and performed in-house.

Outsourcing is done in order to reduce cost or focus on other main areas in the company. Since Marc Adler gave the creation of its website to another party, this is known as outsourcing.

8 0
3 years ago
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