help

The account treasury stock is a corporate expense a shown as a reduction to owners equity. an asset O a liability O None of the answers are correct. Using the factors below, what amount should be deposited in a bank today if it is to earn 8% per year and pay out $1,000 each year for the next three years? Periods PV of $1 at 8% PV of Ordinary annuity at 8% 1 .926 .926 N .857 1.783 3 .794 2.577 4 735 3.312 7 O $1.000 x.794 O $1.000 divided by .926 x 3 O $1.000 divided by .794 O $1.000 x 2.577 Typically, large stock dividends have the effect of O increasing total stockholders' equity. O reducing the par value of a stock a O two of the answers are correct. O None of the answers are correct. O decreasing PIC, TS Brian Tanner contributed $14,000 in cash plus office equipment valued at $7,000 to the JT Partnership. The journal entry to record the transaction is O B. Tanner, Capital 21,000 Cash 14,000 Equipment 7,000 OJT Partnership 21,000 B. Tanner Capital 21,000 O Cash 14,000 Equipment 7,000 21,000 B Tanner, Capital 14,000 O Cash 7,000 Equipment 21,000 JT Partnership, Capital Collins and Farina are forming a partnership. Collins is investing a building that has a fair market value of $80,000 and subject to a $56,000 mortgage (liability). Farina is investing $20,000 cash. The balance of Farina's capital account will be O $20,000 O $24,000 $80,000 O $44,000 A lease that has essentially the same effect on the lessee and lessor as a purchase transaction in that the outcome is just as if the lessee obtained a loan and used the proceeds to purchase the leased asset, is a 0 sales lease o buy-back lease finance lease o purchasing lease