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 867 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?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Maintaining Physiological Balance Maintaining Physiological Balance
Daily Water Balance in the Body Daily Water Balance in the Body
Energy Balance Energy Balance
Material Balance on the process pipe and the separator Material Balance on the process pipe and the separator
Acid–Base Balance Acid–Base Balance
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
Video: Electrical changes in the heart

For a complete list of videos, visit our video library