Answer:
Option B. Treasury Stock for $1,200
Explanation:
The reason is that when 1,000 shares which has $2 par value and were issued at $10 per share, the journal entry was:
Dr Cash Account $10,000
Cr Common Stock $2,000
Cr Paid In Capital $8,000
But when 100 shares were repurchased at $12 per share, then the accounting treatment would be
Dr Treasury Stock $1,200
Cr Cash Account $1,200
So the correct option is option B.
Answer:
Cash flows tell us about the company’s actual outflows and inflows of cash in particular period such as quarter or year or others. This very important for business as cash flow from main operations helps the company to see whether they are generating enough to invest in growth projects or not.
Answer:
Establishment of the national bank
- Eventually issued paper money, handled tax receipts and other government funds.
Explanation:
The adoption of Hamilton's debt plan impacted financial solvency the most because in this plan Hamilton proposed to pay off the foreign debt and to issue new bonds to cover the old ones. He also proposed that the federal government would assume all state debt, giving creditors an incentive to support the new government and he proposed a National Bank.
Luna-moon
Sol- sun
The difference of luna and sol would be that the moon (luna) comes out in the night and the sun (sol) comes out during the day
Hope this helps!!!!!!!
I would say the C. is the correct answer, because if the 3D Printer prints the pieces faster, the games are sold more frequently. I hope this helps, and that it makes sense to you.
