subject
Business, 18.12.2019 01:31 Edwardwall

In 2021, western transport company entered into the treasury stock transactions described below. in 2016, western transport had issued 140 million shares of its $1 par common stock at $17 per share.

required:
prepare the appropriate journal entry for each of the following transactions: (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions (i. e., 10,000,000 should be entered as

on january 23, 2021, western transport reacquired 10 million shares at $20 per share.
on september 3, 2021, western transport sold 1 million treasury shares at $21 per share.
on november 4, 2021, western transport sold 1 million treasury shares at $18 per share.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:10
Goals that are overly ambitious can discourage employees and decrease motivation, yet the idea of stretch goals is proposed as a way to get people fired up and motivated. as a manager, how might you decide where to draw the line between a “good” stretch goal and a “bad” one that is unrealistic?
Answers: 1
question
Business, 21.06.2019 21:00
Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400
Answers: 2
question
Business, 21.06.2019 23:30
Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.
Answers: 1
question
Business, 22.06.2019 16:10
Answer the following questions using the banker’s algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
You know the right answer?
In 2021, western transport company entered into the treasury stock transactions described below. in...
Questions
question
Mathematics, 25.09.2019 20:00
Questions on the website: 13722362