Answers
Assets | = | liabilties | + | Stockholder's Equity | |||||||
a. | Cash | 737000 | common stock | 670000 | |||||||
Addittional paid in capital | 67000 | ||||||||||
b. | Cash | -37800 | Treasury stock | -37,800 | |||||||
c. | Cash | 22950 | Treasury stock | 18900 | |||||||
paid in excess from Treasury stock | 4050 | ||||||||||
Similar Solved Questions
1 answer
During the first few days of the year, Jules Company entered into the following transactions: 1...
During the first few days of the year, Jules Company entered into the following transactions: 1 Purchased a parcel of land with a building on it for $900,000 cash. The building, which will be used in operations, has an estimated useful life of 20 years and a salvage value of $60,000. The assessed...
1 answer
38. Suppose a nation's inflation rate is 6.8% from Year 1 to Year 2. If the...
38. Suppose a nation's inflation rate is 6.8% from Year 1 to Year 2. If the CPI in Year 2 is 100, what was the CPI in Year 1? A) 93.6 B) 100 C) 52.3 D) 106.7...
1 answer
An extension cord made of two wires of diameter 0.129 cm (no. 16 copper wire) and...
An extension cord made of two wires of diameter 0.129 cm (no. 16 copper wire) and of length 2.3 m is connected to an electric heater which draws 16.5 A on a 120-V line. The resistivity of copper is 1.68×10−8Ω⋅m. Part A How much power is dissipated in the cord? Express your a...
1 answer
Which of the following solutions contains the highest [H3O+] ? A) A concentrated solution of a...
Which of the following solutions contains the highest [H3O+] ? A) A concentrated solution of a weak acid B) a dilute solution of strong acid C) a dilute solution of a weak acid D) we cannot tell from the information given...
1 answer
Many great novels and classic movies have primates as main characters: King Kong, Planet of the...
Many great novels and classic movies have primates as main characters: King Kong, Planet of the Apes, etc. Analyze how apes are depicted in popular culture and compare those depictions to what you actually know to be true about the behavior of apes....
1 answer
Please help ASAP!!!! Homework due at 11pm Activity-Based Supplier Costing Clearsound uses Alpha Electronics and La...
Please help ASAP!!!! Homework due at 11pm Activity-Based Supplier Costing Clearsound uses Alpha Electronics and La Paz Company to buy two electronic components used in the manufacture of its cell phones: Component 125X and Component 30Y. Consider two activities: testing components and reordering com...
1 answer
Explain now and why scientists make generalizations. Include all the following elements in a clearly organized...
Explain now and why scientists make generalizations. Include all the following elements in a clearly organized manner in your essay (but probably not in the order listed): Distinguish carefully among the various categories af generalizations that scientists typically use. How are these generalizatio...
1 answer
Legal Aspects of Business
Question: Legal Aspects of BusinessYou have recently been employed as an officer within the Legal Department of a medium-sized construction company, East India Construction Ltd (EIC Ltd). The company undertakes a large number of building projects in England and Wales. It recruits site pe...
1 answer
Lexington Corporation acquired all of the outstanding common stock of Chalfont, Inc., on January 1, 2016....
Lexington Corporation acquired all of the outstanding common stock of Chalfont, Inc., on January 1, 2016. Lexington gave shares of its no par common stock with a market value of $504 million in exchange for the Chalfont common stock. Chalfont will remain a legally separate entity after the exchange,...
1 answer
How much of the heat capacity of a conductor is due to the conduction electrons and...
How much of the heat capacity of a conductor is due to the conduction electrons and why was this a puzzle?...
1 answer
Explain, in your own words, the concepts of adjustments and closing entries. In your explanations, use...
Explain, in your own words, the concepts of adjustments and closing entries. In your explanations, use examples (with numbers) to demonstrate your understanding of the concepts. For this assignment, please include 1-3 sentences discussing the relationship between the two concepts....
1 answer
3. In the last decade, economic challenges have forced many parents to financially support their adult children. As an...
3. In the last decade, economic challenges have forced many parents to financially support their adult children. As an employee of the Bureau of Statistics for the U.S. Government, you have been tasked with determining if this percentage has decreased during the Trump administration. Before Presiden...
1 answer
Ine the thickness of the asphalt concrete surface layer of the pavement SN 4.5, if the...
ine the thickness of the asphalt concrete surface layer of the pavement SN 4.5, if the granular base layer is 5 in thick, al thickness is 6 in thick. Drainage coefficient m2 0.44, a2-0.14, a,-0.11, subbase 1, and m2-0.9...
1 answer
In a titration experiment, 12.7 mL of an aqueous HCl solution was titrated with 0.6 M...
In a titration experiment, 12.7 mL of an aqueous HCl solution was titrated with 0.6 M NaOH solution. The equivalence point in the titration was reached when 11.1 mL of the NaOH solution was added. What is the molarity of the HCl solution?...
1 answer
What actions can be taken by healthcare leaders to help bridge the gap between management research, policy research and...
What actions can be taken by healthcare leaders to help bridge the gap between management research, policy research and practice? As a healthcare leader how would you go about changing organizational culture to increase the use of evidence-based management (EBM) practices in an applied setting?...
2 answers
Rewrite the given equation in slope intercept form y = mx + b
Rewrite the given equation in slope intercept form y = mx + b. Use fractions for the slope and the y-intercept, as needed. 4/5x + 6/5y=4...