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nika2105 [10]
4 years ago
12

A corporation originally issued $ 6.00 par value common stock for $ 10.00 per share. It purchased the stock for $ 12.00 per shar

e. Which of the following is included in the entry to record the sale of 40 shares of treasury stock for $ 17.00 per​ share?
A. Treasury Stock-Common is debited for $3,300.
B. Treasury Stock-Cormmon is debited for $1,650.
C. Retained Earnings is debited for $45
D. Treasury Stock-Common is oodied for $46.

Business
1 answer:
Rus_ich [418]4 years ago
3 0

Answer:

Explanation:

                                                   Dr.                  Cr.

Cash                                         $680

Treasury Stock                                               $480

Additional Paid-In Capital (Treasury Stock) $200

Share was originally purchased and recorded as Treasury stock on the purchases price of $12. The Difference of $5 from purchase price and sale price of share is recorded as Additional Paid in Capital.

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Troy, a human resource manager, is investigating why the turnover in his company’s accounting department has spiked in the last
shusha [124]

Answer:Assessment, training, and counseling

Explanation:

Assessments is a process by which a counselors collect data of information about their clients and the problems with which they present,by regularly assess your clients, throughout the counseling process.

Training means learning to do something or teaching others to do something.Training is developing oneself or others,by improving capability, capacity, productivity and performance.

counseling is guidance or advice provided to help someone resolve difficulties or decide issues,which is achieved through purposeful conversation.

8 0
3 years ago
A credit score is based in part on
Zigmanuir [339]

Answer

D. Payment history and total debt

Explanation

A statistical number that evaluates a person’s creditworthiness and is based on credit history is called credit score.Credit score numbers are used by lenders to check the probability that an individual will pay back his or her debts.The ranges of credit score are 300 to 850.The higher the credit score of a person, the more financially trustworthy that person is taken to be.


9 0
3 years ago
Read 2 more answers
What is a worrisome consequence under the joint and several liability principle?
nalin [4]

Each culpable party is responsible for its proportionate share of the damages. Damages are always the responsibility of all negligent parties.

What is  joint and several liability?

  • Each party is individually liable for the entire extent of the damages caused by the tortious act when two or more people become jointly and severally responsible for that though.
  • As a result, if a plaintiff obtains a monetary judgment against all of the parties, they may each be held liable for the full amount of the verdict.
  • The other wrongdoers may then be asked to contribute to that party. The law of undivided injury is the name given to the idea of picking the defendant(s) against whom to seek damages.

The worrisome consequences are as previously mentioned, joint and several liability usually works in the plaintiff's favor because it raises the likelihood that every one of the damages granted will be recouped.

In contrast hand, it can be thought unjust for a party to suffer a disproportionate financial loss as a result of an unpleasant incident for which it had only a tiny responsibility.

Learn more about joint and several liability here:

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7 0
1 year ago
Which task is the responsibility of middle management?
Temka [501]

Answer:

C. Evaluate and motivate workers

Explanation:

This is the taks for middle mamagement.

6 0
3 years ago
An engineer invests $5,000 at the end of every year for a 40-year career. If the engineer wants $1 million in savings at retirem
Feliz [49]

Answer: 7%

Explanation:

Given data:

P = $5,000

r = ?

t = 40years

i = $1,000,000

Solution:

NFW = 0 = -$5000 ( F/A , i , 40 ) + $1,000,000

( F/A , i , 40 ) = $1,000,000 / $5,000

= 200

From compound interest table

( F/A , 7% , 40 ) = 199.636

Therefore the return for the investment would be 7%

5 0
3 years ago
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