Value common stock outstanding

Assignment Help Financial Accounting

Reference no: EM13864665

Casey, Inc. has 10,000 shares of $10 par value common stock outstanding. Prepare journal entries to record the following:

a) Casey purchased 1,000 shares of treasury stock at $11.

b) Casey sold 500 shares of treasury stock at $15.

c) Casey purchased equipment for $75,000, paying $25,000 in cash and issuing 4,000 shares of common stock for the equipment.

d) Casey sold 500 shares of treasury stock at $11.

Reference no: EM13864665

Questions Cloud

Compute the variable cost per occupied bed on a daily basis : University Hospital has 750 beds. One of its key performance measures is “cost per occupied bed per day.” This number is computed by dividing total operating cost for a month by the total number of beds that were occupied each day during that month. ..

Total dividend to be paid to common shareholders : At January 1, 2012, Lance Link Corporation had 100,000 shares of $1 par common stock and 1,000 shares of $100 par, 6%, cumulative preferred stock outstanding. Compute the total dividend to be paid to the preferred shareholders. Compute the total divi..

Which type of structure you believe to be the most effective : Between horizontal and vertical, choose which type of structure you believe to be the most effective in the majority of businesses.

What would need to change in the scenario : What would need to change in the scenario to result in the need for a two-sample t test? Explain whether the two-sample scenario would be categorized as having independent samples or related samples and discuss why. Support your post using the Lea..

Value common stock outstanding : Casey, Inc. has 10,000 shares of $10 par value common stock outstanding. Prepare journal entries to record the following:

Internet crime has contributed to the decline in traditional : Internet crime has contributed to the decline in traditional "street crime" in part because the daily routines of people have shifted in that most business and personal communication are conducted from home or work. Do you agree or disagree? Explain.

Identify the schedule of reinforcement the trainer is using : A sea lion at a zoo is trained to wave to a crowd of visitors. During training, the sea lion receives a fish each time she moves her flipper in a way that appears to be waving. Identify the schedule of reinforcement the trainer is using

Analyze a business situation from multiple perspectives : Discussion assignment engages you with inter-active critical thinking on the subject of developing a comprehensive mission statement and its effectiveness in achieving organizational success. As you participate in future discussions within your orga..

Environmental and social sustainabilities : What economic arguments can be made for and against social sustainability initiatives?

User Account

All Pages