Record the Following Transactions of a Company in General Journal

question 30

Essay

Record the following transactions of a company in general journal form:
(a)Reacquired 8,000 of its own $10 par value common stock at $40 cash per share.The stock was originally issued at $15 per share.
(b)Sold 2,000 shares of the stock reacquired under part (a)at $43 cash per share.
(c)Sold 3,000 shares of the stock reacquired under part (a)at $39 cash per share.

Recognize the impact of mass media and modeled behaviors on children’s aggression through Bandura’s experiments.

Identify the mechanisms through which expectations for unperformed behaviors are formed according to Bandura's perspective.

Understand the influence of media on aggression and behavior changes.

Grasp the concept and implications of framing and agenda setting by the media.

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Definitions:

Privity of Contract

A doctrine in contract law that stipulates that only parties involved in the contract have the rights and responsibilities to enforce it.

Contract Rights

The legal benefits and obligations that are created by a contract for the parties involved.

Incidental Benefit

A non-intended advantage or favor a party receives from a contract made between other parties.

Mortgage Payments

Regular payments made to a lender, typically composed of principal and interest, for the loan taken out to purchase property.