Treasury Stock which was purchasedf for 2000 is sold for 2500.As result of these two transactions combined.


a. income will be increased y 500
b.stockholder's eqity will be increased by 2500
c.stockholder's equity will be increased by 500
d.stock holder's equity will not change.

I chose c is this correct.:confused:

Yes, correct. Since they had to pay to get it for 2000, getting that amount back doesn't change anything. The extra 500 is the increase.

I want to know how do depreciate using the syd method and reducing balance,
Also how to calculate the trade profit and loss account. Please if you can answer to this question breaking it down I would apprieciete a lot
Thanks

Quote:

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Originally Posted by darcyd1

i want to know how do depreciate using the syd method and reducing balance,
also how to calculate the trade profit and loss account. Please if you can answer to this question breaking it down i would apprieciete alot
thanks

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Please start your own thread for your question instead of tacking onto a completely unrelated post by someone else.

Utech Company bottles and distributes Livit, a diet soft drink. The beverage is sold for 50 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the years 2008, management estimates the following revenues and costs.
Net Sales $1,800,000
Direct Materials $430,000
Manufacturing overhead variable $316,000
Manufacturing overhead fixed $283,000
Selling expenses variable 70,000
Selling expenses fixed $65,000
Administrative expenses variable 20,000
Administrative expenses fixed 60,000

wuchih1107, look at the post right above yours, the one where I just said to someone else to start their own thread for their question.

Sigh.

Also please see our guidelines for posting homework problems under the big red link at the top of the page.

Not to mention that you haven't even said what is to be done with your problem. There's info but no instructions.

If you actually want help, then make it a little easier for us to do so.