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Helen [10]
2 years ago
5

Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000. The effect of this transaction on

the accounting equation, using the cost method, includes a ______. (Check all that apply.) Multiple select question. $10,000 decrease in Cash $9,000 decrease in Additional Paid-In Capital $1,000 increase in stockholders' equity $10,000 increase in Treasury Stock
Business
1 answer:
Sedbober [7]2 years ago
3 0

Answer: $10,000 increase in Treasury Stock

Explanation:

Treasury stock, is also known refered to as the treasury shares and it occurs when stock is bought buy the issuing company back from the stockholders.

This results in the reduction in the total number of outstanding shares that can be found on the open market. In the above scenario, since Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000, this will bring about a $10,000 increase in the treasury stock.

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As part of thinking about the _____, managers track the Consumer Price Index, manufacturing and retail inventory levels, and con
lana [24]

Answer:

Economic Dimension

Explanation:

Economic dimension implies that the effect of economic factors on a particular circumstance which a company faces are taking into consideration while making a decision.

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4 0
2 years ago
It’s best to use full sentences when taking notes for research.<br> - True<br> ✅False
grigory [225]

Answer:

True

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A company's Cash account shows an ending balance of $4,200. Reconciling items included a bookkeeper error of $50 (a $550 check r
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Answer:

Adjusted book balance will be $4258

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3 years ago
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