Answer:
Debit Credit
Treasury Stock 69,000
Cash 69,000
Explanation:
In this transaction the corporation is paying cash to buy common stock so the amount paid for the stock will be credited as cash. So we will credit cash by 69,000 as that is the amount paid by the corporation to buy the stock. Secondly whenever a company buy's it's own stock the amount is debited as treasury stock so we will debit treasury stock by 69,000.
Answer: Option C
Explanation: Foreclosure is something that occurs if the mortgage is not paid by a borrower. In fact, it is a judicial process through which the person relinquishes all ownership rights.
If the owner is unable to settle off the outstanding loans or sell property through a short sale, then the estate will go to an exchange for foreclosure. If the estate does not sell then, it will be taken over by the lender.
When a lender loans you money without any collateral (credit card debt, for instance), it can take you to court for failure to pay, but it can be very hard to collect money from you.
Lenders often sell this sort of debt to outside collection agencies for pennies on the dollar and write off the loss. This is considered an “unsecured loan.”
............ you can become TIRED very quickly. As one ascends towards the sky, the quantity of oxygen available continues to reduce significantly and this have a lot of negative effects on humans. For instance, there will be less oxygen available for breathing and one can become tired quickly. The lack of oxygen can cause shortness of breath, nosebleed, headaches and increased heart rate. Also, the air becomes drier and this makes one to become unusually thirst.
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
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The government rations the amount of gasoline that consumers can purchase. A consumer who would have purchased more than the rationed amount of gasoline will instead purchase more gasoline over other goods. If the government starts to ration on its on the amount of gas a person can purchase, they will probably start to purchase more to make sure they don't run out. When not purchasing is soley up to a consumer, it's easier to spend less, but when it's controlled by the government people are more adapt to spend for fear of running out.