At its date of incorporation, sauder, inc. issued 100,000 shares of its $10 par common stock at $11 per share. during the current year, sauder acquired 20,000 shares of its common stock at a price of $16 per share and accounted for them by the cost method. subsequently, these shares were reissued at a price of $12 per share. there have been no other issuances or acquisitions of its own common stock. what effect does the reissuance of the stock have on the following accounts? explain and show your work. retained earnings additional paid-in capitala. decrease decreaseb. no effect decreasec. decrease no effectd. no effect no effect
Answers: 1
Business, 22.06.2019 01:00, cranfordjacori
Cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely: cooper, cpa, is auditing the financial statements of a small rural municipality. the receivable balances represent residents’ delinquent real estate taxes. internal control at the municipality is weak. to determine the existence of the accounts receivable balances at the balance sheet date, cooper would most likely:
Answers: 3
Business, 22.06.2019 14:50, 2020EIglesias180
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
Business, 22.06.2019 15:10, GreenHerbz206
Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions
Answers: 3
At its date of incorporation, sauder, inc. issued 100,000 shares of its $10 par common stock at $11...
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