A set of things working together as parts of a mechanism or an interconnecting network(system)
A community of living organisms in conjunction with the living and non-living factors
Answer:
A
Explanation:
Supplies..............................
550
Equipment.........................
500
Accounts Payable...............
50
Answer:
a. $300,000
Explanation:
Calculation
Calculation for the differential revenue from the acceptance of the offer
Using this formula
Differential revenue= Units of offer received× Amount per unit
Let plug in the formula
Differential revenue=20,000 units× $15 per unit
Differential revenue=$300,000
Therefore the differential revenue from the acceptance of the offer will be $300,00
Answer:
b. a debit to Paid-In Capital from Sale of Treasury Stock.
Explanation:
Treasury stock is the stock of equity purchased by the company itself, from open market. Basically it has a debit balance. And it is shown as a negative value from common equity in the balance sheet.
Now when there is sale of such treasury stock, this treasury stock will be credited, also in next entry common stock will be credited as it will increase automatically therefore in no circumstances Paid in capital will be debited from sale of treasury Stock.
Final Answer
b. a debit to Paid-In Capital from Sale of Treasury Stock.
It’s C I believe :) I hope this helps you
