User Account

All Pages

Prepare Pina journal entries to record these transactions

Assignment Help Accounting Basics
Reference no: EM132653491

Question - Pina Corporation has outstanding 22,000 shares of $5 par value common stock. On August 1, 2020, Pina reacquired 180 shares at $80 per share. On November 1, Pina reissued the 180 shares at $71 per share. Pina had no previous treasury stock transactions. Prepare Pina's journal entries to record these transactions using the cost method.

Reference no: EM132653491

Questions Cloud

Record the events as applicable in general journal format : Record the above events as applicable in General Journal format. Select the most appropriate account name from the drop down list attached to each space
Which of three main approaches to organizational culture : Explain which of the three main approaches to organizational culture covered in the reading (practical, interpretive, critical- postmodern)
Compute the firm net operating income and net income : Compute the firm's 2016 net operating income and net income. In 2016, the Allen Corporation had sales of $65 million, total assets of $41 million
Discuss about the real-world intelligent systems : Watson and its success on Jeopardy! cognitive computing and cognitive analytics are now part of many real-world intelligent systems. In this exercise.
Prepare Pina journal entries to record these transactions : Pina had no previous treasury stock transactions. Prepare Pina's journal entries to record these transactions using the cost method
Compute the consolidated sales : XYZ sold goods with a cost of $800,000 to Water for $1,000,000, and Surfung still owned 28% of the goods at year-end. Compute the consolidated sales
Congressional ethics : Congressional Ethics. Identify one member of Congress who has been charged with ethics violations.
Record cost associated with the asset restoration obligation : Record costs associated with the asset restoration obligation on January 1, 2018and construction of the plant in 2017. Be sure to include a detailed breakdown
Discuss about the surveillance state : Discuss in 300 words your opinion on what lessons should be learned from the 737 Max 8 crashes. the surveillance state. 750 word research paper with at least.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd