SlideShare a Scribd company logo
Problem 4. Record the treasury stock transactions (given below) under the cost method:
Transactions: 1. Bought 400 shares of the $50 par value common stock as treasury shares at $62 .
2. Sold 120 shares of treasury stock at $65 . 3. Sold 60 treasury shares at $50 .

More Related Content

More from kingsandqueens3

Problem Gross Estate For each type of decedent- compute for the gross.pdf
Problem Gross Estate For each type of decedent- compute for the gross.pdfProblem Gross Estate For each type of decedent- compute for the gross.pdf
Problem Gross Estate For each type of decedent- compute for the gross.pdf
kingsandqueens3
 
Problem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdf
Problem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdfProblem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdf
Problem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdf
kingsandqueens3
 
Problem E Let X be the number of heads in n flips of a coin with proba.pdf
Problem E Let X be the number of heads in n flips of a coin with proba.pdfProblem E Let X be the number of heads in n flips of a coin with proba.pdf
Problem E Let X be the number of heads in n flips of a coin with proba.pdf
kingsandqueens3
 
Problem C- Huntington's disease results from the presence of a dominan.pdf
Problem C- Huntington's disease results from the presence of a dominan.pdfProblem C- Huntington's disease results from the presence of a dominan.pdf
Problem C- Huntington's disease results from the presence of a dominan.pdf
kingsandqueens3
 
Problem B (5 points)- A medical sociologist investigated the relations.pdf
Problem B (5 points)- A medical sociologist investigated the relations.pdfProblem B (5 points)- A medical sociologist investigated the relations.pdf
Problem B (5 points)- A medical sociologist investigated the relations.pdf
kingsandqueens3
 
Problem 9- (4 marks) Let symbol denote -exclusive or - that is pq(pq).pdf
Problem 9- (4 marks) Let symbol  denote -exclusive or - that is pq(pq).pdfProblem 9- (4 marks) Let symbol  denote -exclusive or - that is pq(pq).pdf
Problem 9- (4 marks) Let symbol denote -exclusive or - that is pq(pq).pdf
kingsandqueens3
 
Problem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdf
Problem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdfProblem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdf
Problem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdf
kingsandqueens3
 
Problem 6 The function -move- takes as input a list of numbers- Explai.pdf
Problem 6 The function -move- takes as input a list of numbers- Explai.pdfProblem 6 The function -move- takes as input a list of numbers- Explai.pdf
Problem 6 The function -move- takes as input a list of numbers- Explai.pdf
kingsandqueens3
 
Problem 5- Assume 5 points are placed into an equilateral triangle of.pdf
Problem 5- Assume 5 points are placed into an equilateral triangle of.pdfProblem 5- Assume 5 points are placed into an equilateral triangle of.pdf
Problem 5- Assume 5 points are placed into an equilateral triangle of.pdf
kingsandqueens3
 
Problem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdf
Problem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdfProblem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdf
Problem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdf
kingsandqueens3
 
Problem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdf
Problem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdfProblem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdf
Problem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdf
kingsandqueens3
 
Problem 4- Repeated Permutations a) In how many ways the letters of th.pdf
Problem 4- Repeated Permutations a) In how many ways the letters of th.pdfProblem 4- Repeated Permutations a) In how many ways the letters of th.pdf
Problem 4- Repeated Permutations a) In how many ways the letters of th.pdf
kingsandqueens3
 
Problem 4 Suppose that the returns to education is 13-4- per year for.pdf
Problem 4 Suppose that the returns to education is 13-4- per year for.pdfProblem 4 Suppose that the returns to education is 13-4- per year for.pdf
Problem 4 Suppose that the returns to education is 13-4- per year for.pdf
kingsandqueens3
 
Problem 3- Take array size from user as an input and insert those numb.pdf
Problem 3- Take array size from user as an input and insert those numb.pdfProblem 3- Take array size from user as an input and insert those numb.pdf
Problem 3- Take array size from user as an input and insert those numb.pdf
kingsandqueens3
 
problem 3-15 page 147.pdf
problem 3-15 page 147.pdfproblem 3-15 page 147.pdf
problem 3-15 page 147.pdf
kingsandqueens3
 
Problem 4-25B Basic transactions for three accounting cycles- perpetua.pdf
Problem 4-25B Basic transactions for three accounting cycles- perpetua.pdfProblem 4-25B Basic transactions for three accounting cycles- perpetua.pdf
Problem 4-25B Basic transactions for three accounting cycles- perpetua.pdf
kingsandqueens3
 
Problem 3-4 Income Statement (LO1) A firm's income statement included.pdf
Problem 3-4 Income Statement (LO1) A firm's income statement included.pdfProblem 3-4 Income Statement (LO1) A firm's income statement included.pdf
Problem 3-4 Income Statement (LO1) A firm's income statement included.pdf
kingsandqueens3
 
Problem 3- Consider the following cumulative probability function- and.pdf
Problem 3- Consider the following cumulative probability function- and.pdfProblem 3- Consider the following cumulative probability function- and.pdf
Problem 3- Consider the following cumulative probability function- and.pdf
kingsandqueens3
 

More from kingsandqueens3 (18)

Problem Gross Estate For each type of decedent- compute for the gross.pdf
Problem Gross Estate For each type of decedent- compute for the gross.pdfProblem Gross Estate For each type of decedent- compute for the gross.pdf
Problem Gross Estate For each type of decedent- compute for the gross.pdf
 
Problem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdf
Problem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdfProblem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdf
Problem IV - Stock Investments Mal- Inc- acquired 25- of the outstandi.pdf
 
Problem E Let X be the number of heads in n flips of a coin with proba.pdf
Problem E Let X be the number of heads in n flips of a coin with proba.pdfProblem E Let X be the number of heads in n flips of a coin with proba.pdf
Problem E Let X be the number of heads in n flips of a coin with proba.pdf
 
Problem C- Huntington's disease results from the presence of a dominan.pdf
Problem C- Huntington's disease results from the presence of a dominan.pdfProblem C- Huntington's disease results from the presence of a dominan.pdf
Problem C- Huntington's disease results from the presence of a dominan.pdf
 
Problem B (5 points)- A medical sociologist investigated the relations.pdf
Problem B (5 points)- A medical sociologist investigated the relations.pdfProblem B (5 points)- A medical sociologist investigated the relations.pdf
Problem B (5 points)- A medical sociologist investigated the relations.pdf
 
Problem 9- (4 marks) Let symbol denote -exclusive or - that is pq(pq).pdf
Problem 9- (4 marks) Let symbol  denote -exclusive or - that is pq(pq).pdfProblem 9- (4 marks) Let symbol  denote -exclusive or - that is pq(pq).pdf
Problem 9- (4 marks) Let symbol denote -exclusive or - that is pq(pq).pdf
 
Problem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdf
Problem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdfProblem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdf
Problem 6 (4 marks) Matt and Sandeep are partners with capital balance.pdf
 
Problem 6 The function -move- takes as input a list of numbers- Explai.pdf
Problem 6 The function -move- takes as input a list of numbers- Explai.pdfProblem 6 The function -move- takes as input a list of numbers- Explai.pdf
Problem 6 The function -move- takes as input a list of numbers- Explai.pdf
 
Problem 5- Assume 5 points are placed into an equilateral triangle of.pdf
Problem 5- Assume 5 points are placed into an equilateral triangle of.pdfProblem 5- Assume 5 points are placed into an equilateral triangle of.pdf
Problem 5- Assume 5 points are placed into an equilateral triangle of.pdf
 
Problem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdf
Problem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdfProblem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdf
Problem 4- Show that in the recurrence T(n)-0qn1max(T(q)+T(nq1))+n- T(.pdf
 
Problem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdf
Problem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdfProblem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdf
Problem 4 An analyst has a dataset of n-1-000 observations of (Yi-Xi)-.pdf
 
Problem 4- Repeated Permutations a) In how many ways the letters of th.pdf
Problem 4- Repeated Permutations a) In how many ways the letters of th.pdfProblem 4- Repeated Permutations a) In how many ways the letters of th.pdf
Problem 4- Repeated Permutations a) In how many ways the letters of th.pdf
 
Problem 4 Suppose that the returns to education is 13-4- per year for.pdf
Problem 4 Suppose that the returns to education is 13-4- per year for.pdfProblem 4 Suppose that the returns to education is 13-4- per year for.pdf
Problem 4 Suppose that the returns to education is 13-4- per year for.pdf
 
Problem 3- Take array size from user as an input and insert those numb.pdf
Problem 3- Take array size from user as an input and insert those numb.pdfProblem 3- Take array size from user as an input and insert those numb.pdf
Problem 3- Take array size from user as an input and insert those numb.pdf
 
problem 3-15 page 147.pdf
problem 3-15 page 147.pdfproblem 3-15 page 147.pdf
problem 3-15 page 147.pdf
 
Problem 4-25B Basic transactions for three accounting cycles- perpetua.pdf
Problem 4-25B Basic transactions for three accounting cycles- perpetua.pdfProblem 4-25B Basic transactions for three accounting cycles- perpetua.pdf
Problem 4-25B Basic transactions for three accounting cycles- perpetua.pdf
 
Problem 3-4 Income Statement (LO1) A firm's income statement included.pdf
Problem 3-4 Income Statement (LO1) A firm's income statement included.pdfProblem 3-4 Income Statement (LO1) A firm's income statement included.pdf
Problem 3-4 Income Statement (LO1) A firm's income statement included.pdf
 
Problem 3- Consider the following cumulative probability function- and.pdf
Problem 3- Consider the following cumulative probability function- and.pdfProblem 3- Consider the following cumulative probability function- and.pdf
Problem 3- Consider the following cumulative probability function- and.pdf
 

Recently uploaded

Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
adhitya5119
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
ak6969907
 
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdfWalmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
TechSoup
 
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 InventoryHow to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
Celine George
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
Celine George
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
Hindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdfHindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdf
Dr. Mulla Adam Ali
 
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPLAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
RAHUL
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
simonomuemu
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
chanes7
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
History of Stoke Newington
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
Celine George
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
Academy of Science of South Africa
 
Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5
sayalidalavi006
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
David Douglas School District
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Akanksha trivedi rama nursing college kanpur.
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Fajar Baskoro
 

Recently uploaded (20)

Main Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docxMain Java[All of the Base Concepts}.docx
Main Java[All of the Base Concepts}.docx
 
World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024World environment day ppt For 5 June 2024
World environment day ppt For 5 June 2024
 
Walmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdfWalmart Business+ and Spark Good for Nonprofits.pdf
Walmart Business+ and Spark Good for Nonprofits.pdf
 
How to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 InventoryHow to Setup Warehouse & Location in Odoo 17 Inventory
How to Setup Warehouse & Location in Odoo 17 Inventory
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
Hindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdfHindi varnamala | hindi alphabet PPT.pdf
Hindi varnamala | hindi alphabet PPT.pdf
 
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPLAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
Smart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICTSmart-Money for SMC traders good time and ICT
Smart-Money for SMC traders good time and ICT
 
Digital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments UnitDigital Artifact 1 - 10VCD Environments Unit
Digital Artifact 1 - 10VCD Environments Unit
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
How to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRMHow to Manage Your Lost Opportunities in Odoo 17 CRM
How to Manage Your Lost Opportunities in Odoo 17 CRM
 
South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)South African Journal of Science: Writing with integrity workshop (2024)
South African Journal of Science: Writing with integrity workshop (2024)
 
Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5Community pharmacy- Social and preventive pharmacy UNIT 5
Community pharmacy- Social and preventive pharmacy UNIT 5
 
Pride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School DistrictPride Month Slides 2024 David Douglas School District
Pride Month Slides 2024 David Douglas School District
 
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama UniversityNatural birth techniques - Mrs.Akanksha Trivedi Rama University
Natural birth techniques - Mrs.Akanksha Trivedi Rama University
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
 

Problem 4- Record the treasury stock transactions (given below) under.pdf

  • 1. Problem 4. Record the treasury stock transactions (given below) under the cost method: Transactions: 1. Bought 400 shares of the $50 par value common stock as treasury shares at $62 . 2. Sold 120 shares of treasury stock at $65 . 3. Sold 60 treasury shares at $50 .