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NEW QUESTION: 1
Company M sold 1.000 treasury shares at US $33 per share. The shares had originally been issued at US $12 per share and had been repurchased at US $27 per share. The par value is US $5 per share. In the entry to record the reissuance using the cost method, what account should be credited?
A. Paid-in capital in excess of par of US $28,000.
B. Treasury shares of US $28,000
C. Share premium of US $6,000.
D. Retained earnings of US $6,000
Answer: C
Explanation:
Under the cost method, treasury shares are carried at cost. In this case, cost is US $27,0001,000 shares x $27). The journal entry to record a sale at US $33 per share is:
NEW QUESTION: 2
Which of the following RAID levels are supported by Dorado V6? (Multiple choice)
A. RAID 5
B. RAID 10
C. RAID TP
D. RAID 6
Answer: A,B,C,D
NEW QUESTION: 3
Upgrade from 10G GPON to 50G GPON, no passive ODN network needs to happen Variety.
POL is an enterprise local area network based on PON technology that provides users with integrated Integrated data, voice, video and other weak current services. Through the POL program, companies can
A. FALSE
B. TRUE
Answer: B
NEW QUESTION: 4
JavaScript was the first scripting language developed for Webpage design.
A. True
B. False
Answer: A
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