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Trans Union Corporation issued 5,000 shares for $50 per share in the current year, and it issued 10,000 shares for $37 per share in the
Trans Union Corporation issued 5,000 shares for $50 per share in the current year, and it issued 10,000 shares for $37 per share in the following year. The year after that, the company reacquired 20,000 shares of its own stock for $45 per share. Determine the impact (increase, decrease, or no change) of each of these transactions on the following classifications:
Total Assets | Total Liabilities | Total Stockholders Equity | Net Income | |
Sold 5,000 Shares | ||||
Sold 10,000 Shares | ||||
Purchases 20,000 Shares of Treasuery Stock |
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