This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Evergreen Industries has a $13,000 credit balance in Paid-In CapitalTreasury Stock. It sells 1,000 ... (Read 676 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
on: Feb 18, 2020
Evergreen Industries has a $13,000 credit balance in Paid-In Capital–Treasury Stock. It sells 1,000 shares of treasury stock, which the company reacquired at $59/share, for $56/share. After the transaction, what will the balance be in the Paid-In Capital in Excess of Par–Treasury account?
◦ $3,000 debit
◦ $16,000 credit
◦ $10,000 credit
◦ $13,000 credit
Financial Accounting ¦ Kemp, Waybright ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hubes95 on Feb 18, 2020

Chelseyj.hasty

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Feb 18, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


Cinthia Avilez

  • Newbie
  • *
  • Posts: 3
Reply #2 on: Dec 12, 2020
thanks


arie manaloto

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Aug 6, 2021
ty


jacy233343

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Mar 12, 2022
ty


« previous next »
 

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Acid-base balance and imbalance. Acid-base balance and imbalance.
Material Balance over #3 Heat Exchanger Material Balance over #3 Heat Exchanger
Fluid Balance Fluid Balance
Acid–Base Balance Acid–Base Balance
A company that sells sweatshirts finds that the profit can be modelled by P(s)= ... A company that sells sweatshirts finds that the profit can be modelled by P(s)= ...
Fluid–solute balance in freshwater and marine bony fishes Fluid–solute balance in freshwater and marine bony fishes
Video: Coronary Heart Disease

For a complete list of videos, visit our video library