A Company Purchases 400 Shares of Its $50 Par Value $\begin{array}{lc}\text { Cash } & 3,480 \\\text { Treasury Stock-Common } &&3,300 \\\text { Paid-in Capital, Treasury Stock } &&180\end{array}$

question 188

Multiple Choice

A company purchases 400 shares of its $50 par value common stock at $55 per share.It then reissues 60 shares at $58 per share.The entry upon reissue of the stock would be:

• A)
• \(\begin{array}{lc}
• \text { Cash } & 3,480 \\
• \text { Treasury Stock-Common } &&3,300 \\
• \text { Paid-in Capital, Treasury Stock } &&180
• \end{array}\)
• B)
• \(\begin{array}{l}
• \text { Cash } & 3,480\\
• \text { Treasury Stock-Common }&& 3,480
• \end{array}\)
• C)
• \(\begin{array}{llr}
• \text { Cash } &3,480\\
• \text { Paid-in Capital, Treasury Stock} & &3,480\\
• \end{array}\)
• D)
• \(\begin{array}{lc}
• \text { Cash } & 3,480 \\
• \text { Treasury Stock-Common } &&3000 \\
• \text { Retained Earnings } &&480
• \end{array}\)

Understand the role and effective approaches of career counselors in communicating ideas and theories to clients.

Recognize and explain the disparities and inequities in occupational distributions along gender and racial lines.

Comprehend the significant commitment of time individuals make to their careers over a lifetime.

Understand the economic disparities in earnings based on gender.

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Definitions:

IQ Tests

Standardized assessments designed to measure human intelligence and cognitive abilities, often used in educational and psychological contexts.

Mean IQ

The average score derived from a set of IQ test results, typically centered around a standard value which is set to 100 in many scoring systems.

IQ Tests

IQ Tests are standardized assessments designed to measure human intelligence and cognitive abilities in relation to others.

Flynn Effect

The observed substantial and long-term increase in intelligence test scores measured across the world over the 20th century.