Posting 3 questions that I don't understand the concept. Please don't just give me the answer as the system has already shown me the correct answer. I need an explanation as to why. Thank you to whoever takes the time to help me.

0 out of 2 points Heidi Supply reported the following information at December 31,2015 : Heidi had zero additional paid-in capital from treasury stock transactions. On January 1,2016 , Heidi sold 10,000 shares of Treasury stock for $12 per share. The entry to record this transaction would include Selected Answer: C. A credit to Treasury Stock of $120,000 Answers: A. A credit to Treasury Stock of $100,000 B. A credit to cash of $120,000 C. A credit to Treasury Stock of $120,000 D. A debit to Additional paid in capital-Treasury Stock of $20,000 E. A debit to Retained Earnings of $20,000 Superman Inc. sold an old truck on April 1, 2015, for $23,000 cash. The following data were available when the truck sold: Acquisition cost on 1/1/2010,$77,000 Estimated residual value at time of acquisition, $7,000 Estimated useful life, 7 years Straight-line depreciation method Superman should record a [a] of $[b] on the sale of the truck. Use the following abbreviations for the first blank: G for gain L for loss Indicate the dollar amount for the second blank. Do not use the $ sign or a decimal in your answer. Commas are ok. Question 46 0 out of 2 point A company capitalized an expenditure of $50,000. This would Selected Answer: Increase the cost of the asset on the balance sheet by $50,000 and decrease net income by $50,000. Answers: Increase the cost of the asset on the balance sheet by $50,000 and decrease net income by $50,000. Have no effect on the cost of the asset on the balance sheet and no effect on net income. Have no effect on the cost of the asset on the balance sheet and decrease net income by the depreciation on the $50,000. Increase the cost of the asset on the balance sheet by $50,000 and decrease net income by the depreciation on the $50,000 Have no effect on the cost of the asset on the balance sheet and decease net income by $50,000