Richard Company Paid £23,000 to Buy 4,000 Shares of Its

question 26

Multiple Choice

Richard Company paid £23,000 to buy 4,000 shares of its £6 par value ordinary shares for distribution in an executive compensation plan. The stock was originally sold for £25,000. The entry to record purchase includes a

• A) debit to Treasury Shares for £23,000.
• B) credit to Retained Earnings for £3,000.
• C) debit to Share Premium-Ordinary for £2,000.
• D) credit to Share Capital-Ordinary for £24,000.

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Definitions:

Prison Officers

Individuals responsible for the supervision, safety, and security of prisoners in a jail or prison, ensuring that the facility's rules and regulations are followed.

Coercive Power

The ability to enforce compliance or obedience through the threat of punishment or use of force.

Prisoner Disobedience

Acts by inmates that go against the rules and regulations of a prison facility, which can range from non-violent protest to outright rebellion.

Inmate Perceptions

The beliefs, attitudes, and views held by individuals incarcerated in prisons or jails about their environment, treatment, and prospects.