Refurbish,Inc

question 43

Multiple Choice

Refurbish,Inc.reissued 1,000 shares of its treasury stock for $10,000.Prior to the reissuance,the Treasury Stock balance was $12,000,which included the $8,000 cost of the 1,000 shares reissued.After recording this transaction:

• A) Treasury Stock will equal $4,000.
• B) Treasury Stock will equal $2,000.
• C) Additional Paid-in Capital will be increased by $12,000.
• D) Cash will be decreased by $10,000.

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Definitions:

The Id

A component of Freud's psychoanalytic theory representing primal desires and drives.

Behavior Modification

A technique aiming to change negative behaviors into positive ones through reinforcement and punishment.

Modeling Behavior

A learning process that involves observing and imitating the behavior of others as a way of acquiring new behaviors.

Self-Efficacy

An individual's belief in their own capacity to execute behaviors necessary to produce specific performance attainments.