subject
Business, 17.08.2019 21:10 thomasg185

As of the end of year 1, the shareholders’ equity of philip corporation consisted of: common stock, 80,100 shares at $1 par $ 80,100 paid-in capital—excess of par 168,210 retained earnings 121,000 at the beginning of year 2, the company repurchased and retired 1,100 shares at $8.10 per share. prepare the appropriate journal entry for the repurchase and retirement of the shares. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:00
Suppose matt and bree go out to get pizza. they order breadsticks and a large pepperoni pizza. after eating the breadsticks, and one piece of pizza bree decides to have an additional piece, but she does not eat a third piece. if bree is a rational individual why did she not eat the third piece of pizza? the marginal cost of the
Answers: 2
question
Business, 22.06.2019 03:10
Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work
Answers: 3
question
Business, 22.06.2019 18:30
Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness
Answers: 2
question
Business, 22.06.2019 21:30
The adjusted trial balance for china tea company at december 31, 2018, is presented below:
Answers: 1
You know the right answer?
As of the end of year 1, the shareholders’ equity of philip corporation consisted of: common stock,...
Questions
question
Mathematics, 02.07.2019 08:10
question
Arts, 02.07.2019 08:10
question
Mathematics, 02.07.2019 08:10
Questions on the website: 13722367