Reference no: EM132688994
Laser Inc. has the following account balances on December 31, 2019.
Common stock, $1 par, 6,000 shares issued $6,000
Paid-in capital in excess of par 84,000
Problem 1: Prepare journal entries for the following three separate scenarios.
a. On January 15, 2020, Laser Inc. acquires and immediately retires 600 shares of stock at $15 per share.
b. On January 15, 2020, Laser Inc. acquires and immediately retires 600 shares of stock at $17 per share.
c. On January 15, 2020, Laser Inc. acquires and immediately retires 600 shares of stock at $14 per share.
|
Design team-leading strategies for the team
: Design team-leading strategies for the team you formed in question 1 that will prevent or deal with those problems you identified.
|
|
How do get the operating income
: How do you get the operating income. exclude the line starting with a 22,000 loss. Add in the data cash received from customers for services
|
|
Discuss the benefits of developing internal discipline
: Discuss the benefits of developing internal discipline rather than relying exclusively on external discipline. Then, from your own experience.
|
|
Prepare upland november entry
: Upland Company, Prepare Upland's November 1, 2018, entry; the December 31, 2018, annual adjusting entry; and the February 1, 2019, entry.
|
|
Prepare journal entries for the on january laser inc
: Prepare journal entries for the On January 15, 2020, Laser Inc. acquires and immediately retires 600 shares of stock at $14 per share.
|
|
How you might overcome the barriers
: Identify 3 possible barriers to successful problem solving, and how you might overcome those barriers. If the real problem was not successfully resolved.
|
|
Discuss the correct accounting treatment
: For each situation, fully discuss the correct accounting treatment, including any required disclosures. Provide an explanation for your answers.
|
|
How will not acquiring skills affect your job performance
: Identify job-related skills and knowledge that you think your employer should provide. How likely is it that your employer will actually help you acquire these.
|
|
What are individual incentive bonuses
: What is merit pay? What are individual incentive bonuses? What are the primary differences between merit pay and individual incentive bonuses?
|