Please Refer to the Following Information for Peartree Company

question 4

Multiple Choice

Please refer to the following information for Peartree Company:
• Common stock, $1.00 par, 100,000 issued, 95,000 outstanding
• Paid-in capital in excess of par: $2,150,000
• Retained earnings: $910,000
• Treasury stock: 5,000 shares purchased at $20 per share
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If Peartree resold 800 shares of treasury stock for $15 per share, which of the following statements would be TRUE?

• A) The Treasury stock account would go down by $12,000.
• B) The Paid-in capital account would go up by $4,000.
• C) The Treasury stock account would go down by $16,000.
• D) The Retained earnings account would go up by $4.000.

Recognize the periodic updates and maintenance of the ICD coding system.

Understand the role of specific conventions (e.g., "see", "code first") in the coding process.

Distinguish between acute and chronic conditions in the context of ICD coding.

Identify and explain the normal balances of different types of accounts.

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Definitions:

Trachea

The windpipe; a large membranous tube reinforced by rings of cartilage, extending from the larynx to the bronchial tubes and conveying air to and from the lungs.

Windpipe

Another term for the trachea, the large airway that leads from the throat (pharynx) to the lungs, allowing for air passage.

Nasal Cavity

A large air-filled space above and behind the nose in the middle of the face, part of the respiratory system, which filters, warms, and moistens air breathed in through the nose.

Larynx

An organ located in the neck of mammals that is involved in breathing, sound production, and protecting the trachea against food aspiration.