Why does the company not record the buying and selling of shares in its balance sheet?
Question:
Why does the company not record the buying and selling of shares in its balance sheet?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The effect on the Stockholders Equity account from the issuance of shares is also an incre...View the full answer
Answered By
Hardik Dudhat
I am semi-qualified Chemical Engineering ,I have scored centum in accounting in my senior secondary and in my graduation. I have always helped my fellow students with their concerns on the subject, i have tutored on various tutoring sites in the past and also have taken home tuitions for degree and MBA students. As a tutor, I don't want my students to just get a solution, I want them to understand the concept and never have a doubt in that area thereon and i believe in excelling and not in educating.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
White Stripes Company reported inventory in its balance sheet as follows: Inventories $115,756,800 What additional disclosures might be necessary to present the inventory fairly?
-
Deere and Company reported inventory in its balance sheet as follows: Inventories.................................$1,999,100,000 What additional disclosures might be necessary to present the...
-
Estes Company listed the net changes in its balance sheet accounts for the past year as follows: The following additional information is available about last years activities: a. Net income for the...
-
Peabody Coal acquired the mineral rights to a tract of land containing coal deposits. Total costs of acquisition, exploration, development were $1,200,000 and an ARO of $300,000 was recorded. The...
-
A piston/cylinder arrangement, shown in Fig. P3.111, contains air at 250 kPa, 300C. The 50-kg piston has a diameter of 0.1 m and initially pushes against the stops. The atmosphere is at 100 kPa and...
-
Explain the significance of a negative improvement index in a transportation-minimizing problem.
-
1 5 Give some illustrations of your own about the way in which the history of a country has affected its culture, and how that in turn affects the management of organisations there.
-
Octavius Company produces a 10-inch chef knife used by commercial chefs. The knives sell for $50 each. In 2011, the company produced 45,000 units and sold 40,000 units. Below are variable and full...
-
Company: Murray Co Ordering Goods or services are obtained by placing a purchase requisition with the centralised purchasing department. Requisitions are sequentially pre- numbered and a weekly...
-
LIFO/FIFO/Average Cost under Periodic and Perpetual Inventory Systems Spelling Company had the following transactions in connection with their inventory account during the month of August: PURCHASES...
-
What is meant by: (a) Offer for sale (b) Capitalization issue (c) Rights issue? Explain the effect of each of the above on the balance sheet of a company.
-
The following is a summarized balance sheet of Nithsdale Ltd. The company is considering three possible changes to its capital structure: (a) Issue for cash 50,000 additional ordinary shares at 1 per...
-
Explain why an ideal ammeter would have zero resistance and ideal voltmeter infinite resistance.
-
Based on the expense information below how do I figure out the break even, total fixed costs, total income for each procedure, variable costs dependent upon volume? The organization is purchasing a...
-
Compare training formats. Do you personally prefer classroom training, small group sessions, one-to-one training, or self-guided tutorials? Why? Are there circumstances in which you feel a one-to-one...
-
what ways do you feel a sense of identity and belonging within the organization's community, and how does that influence your performance and engagement?
-
How do different generational cohorts within the workforce perceive and contribute to organizational culture, and what steps can organizations take to create a cohesive culture that bridges...
-
How do various tools and techniques such as adding slack (padding estimates) or project buffers help project managers perform duration estimates? What are some ethical considerations when using slack...
-
Which internal control principle is especially diffi cult for small organizations to implement? Why?
-
For what reason might an exporter use standard international trade documentation (letter of credit, draft, order bill of lading) on an intrafirm export to its parent or sister subsidiary?
-
What are the direct costs of holding inventory?
-
The following is the balance sheet (statement of financial position) for Nordstrom, Inc. (USA). Instructions a. Identify at least three differences in statement of financial position reporting...
-
Define 'accounting' and identify the separate questions raised by the definition?
-
ACC 2 0 2 Milestone One: Operational Costs Data Appendix You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for...
-
Explain the following: Understand the PPE acquisition (or investing) cycle and related significant transactions and source documents Understand the relevant assertions/objectives about PPE balances...
-
Problem 3 Progress Company acquired 6 0 % of Stall Corporation on 1 2 0 2 0 . Fair values of Stall's assets and liabilities approximated book values on that date. Progress uses the initial value...
Study smarter with the SolutionInn App