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    Mekad's Avatar
    Mekad Posts: 5, Reputation: 1
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    #1

    May 25, 2008, 11:18 AM
    Accounting ?
    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:
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    May 25, 2008, 06:53 PM
    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.
    darcyd1's Avatar
    darcyd1 Posts: 1, Reputation: 1
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    #3

    May 30, 2008, 01:03 AM
    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
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #4

    May 31, 2008, 07:51 PM
    Quote 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
    Please start your own thread for your question instead of tacking onto a completely unrelated post by someone else.
    wuchih1107's Avatar
    wuchih1107 Posts: 1, Reputation: 1
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    #5

    Jun 1, 2008, 12:04 PM
    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
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #6

    Jun 1, 2008, 08:18 PM
    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.
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