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Does the acquisition of treasury stock increase cash?
Treasury stock is stock that the issuing company buys back from the shareholders. Since the company is buying back its own shares, it decreases cash and stockholder equity, but increases a new balance called "Treasury Stock".
Purchase return Accounting?
"Purchase returns" is the entry made in the journal that refers to "Unsatisfactory or defective merchandise/goods which is returned back to the supplier".
What entry do you make in the post reference column of the ledger to show that you posted the transactions from the journal?
The "Post Reference" or PR is used ona Ledger to lead you back to the original transaction by identifying the Journal and the page in the Journal. Example - GJ1 = General Journal, page 1. On a Journal the PR can be used to identify the account number used from the chart of accounts
What is the journal entry for paid back a portion of the accounts payable?
To record the payment of a portion of accounts payable, the journal entry would debit the Accounts Payable account to decrease the liability and credit the Cash account to reflect the cash outflow. For example, if $1,000 of accounts payable is paid, the entry would be: Debit: Accounts Payable $1,000 Credit: Cash $1,000 This entry reduces both the outstanding liability and the cash balance.
What is the entry to close an owners withdrawal account?
To close an owner's withdrawal account, you would typically make a journal entry that debits the owner's capital account and credits the owner's withdrawal account. This reflects the transfer of the withdrawn amount back into the owner's capital, effectively zeroing out the withdrawal account. For example, if the owner's withdrawal account has a balance of $5,000, the entry would be: Debit Owner's Capital $5,000 and Credit Owner's Withdrawals $5,000.
What journal entry do you make to record product shortage?
a back order
What is the process of selling and then buying back the same stock called?
The process of selling and then buying back the same stock is called a "round trip trade."
What is the strategy of selling a stock and then buying it back at a later time called?
The strategy of selling a stock and then buying it back at a later time is called "short selling."
What is the strategy of selling a stock and buying it back in order to potentially profit from fluctuations in the market?
The strategy of selling a stock and buying it back to potentially profit from market fluctuations is called "short selling." This involves borrowing a stock, selling it at the current price, and then buying it back at a lower price to return it to the lender, pocketing the difference as profit.
N morrowind can you get back into a guild being expelled twice?
No, you can't. When you're expelled from it the second time you should have a journal entry that tells you that you're permanently expelled from the Guild. If you don't get the entry in your journal, then talk to the person that you'd usually talk to to get back in. They'll tell you they can't allow you back into the Guild.
What is the definition of the term treasury stock?
The term "Treasury Stock" is defined as the stock that is brought back by the corporation that issued it earlier. The purpose of buying back the stock is either for resale or retirement and the availability of the outstanding stock is much reduced.
Does the acquisition of treasury stock increase cash?
Treasury stock is stock that the issuing company buys back from the shareholders. Since the company is buying back its own shares, it decreases cash and stockholder equity, but increases a new balance called "Treasury Stock".
Purchase return Accounting?
"Purchase returns" is the entry made in the journal that refers to "Unsatisfactory or defective merchandise/goods which is returned back to the supplier".
Reason to short a stock?
Well, you sell a stock short when you believe the price of the security will drop then you can buy it back at a lower price then you bought it for. You can also short a stock by buying "put" options.
What entry do you make in the post reference column of the ledger to show that you posted the transactions from the journal?
The "Post Reference" or PR is used ona Ledger to lead you back to the original transaction by identifying the Journal and the page in the Journal. Example - GJ1 = General Journal, page 1. On a Journal the PR can be used to identify the account number used from the chart of accounts
What is the journal entry for paid back a portion of the accounts payable?
To record the payment of a portion of accounts payable, the journal entry would debit the Accounts Payable account to decrease the liability and credit the Cash account to reflect the cash outflow. For example, if $1,000 of accounts payable is paid, the entry would be: Debit: Accounts Payable $1,000 Credit: Cash $1,000 This entry reduces both the outstanding liability and the cash balance.
Would buying back stock reduce stockholders equity?
Yes buying back shares from investors is reduction of stockholders equity in business and normally it is done when excel capital is available as well as to gain more control of business.
