29.Victor Corp. reacquired, but did not retire, 20,000 shares of its $2 par common stock at a cost of $13 per share on April 30, 2014. The stock was originally issued at $11 per share. On January 10, 2015, the 20,000 shares were sold at $16 per share. The sales entry should include a credit to Paid-in Capital from Treasury Stock for: Question 29 options: $60,000. $100,000. $280,000. $180,000.

30.What is the effect on total paid-in capital of a stock dividend and a stock split, respectively? Question 30 options: Stock Dividend Stock Split Decrease Decrease Stock Dividend Stock Split Increase No effect Stock Dividend Stock Split Decrease No effect Stock Dividend Stock Split No effect No effect

31.Which of the following is reported in the retained earnings statement as an adjustment to the beginning balance? Question 31 options: Extraordinary items. Discontinued operations. Other revenues and expenses. Prior period adjustments.

32.Which of the following should be classified as an extraordinary item? Question 32 options: Effects of major casualties not infrequent in the area. Write-off of a significant amount of receivables. Losses due to a bitter, lengthy labor strike. Loss from the expropriation of facilities by a foreign government.

33.Bonds that mature in installments are called: Question 33 options: callable bonds. serial bonds. registered bonds. term bonds.

34.A Discount on Bonds Payable account: Question 34 options: is an adjunct account to Bonds Payable. will cause interest expense to be less than cash interest payable. is increased over the life of the bond until it equals the bond's face value. is a contra account to Bonds Payable.