XHC Had Only Two Share Transactions

question 73

Multiple Choice

XHC had only two share transactions.Initially,XHC issued 1,000 common shares,at $15 per share.XHC later bought back 200 shares at $16 per share.Under the single-transaction method,what is the amount that should be recorded in the treasury stock account?

• A) $2,000
• B) $3,000
• C) $3,200
• D) $3,600

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Definitions:

Mental and Emotional Disorders

Mental and emotional disorders are health conditions that affect a person's thinking, feeling, mood, and behavior, potentially impacting daily functioning and well-being.

Exposure Treatments

A therapeutic technique used in psychology to help individuals confront and overcome fears or anxieties by gradual exposure to the feared object or situation.

Flooding

A behavioral therapy technique for anxiety that involves exposure to a large amount of an anxiety-provoking stimulus.

Behavior Therapies

A type of psychotherapy that focuses on changing unwanted behaviors through rewards, reinforcements, and desensitization.