Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on november 13, hbo entertainment corp reacquired

On November 13, HBO Entertainment Corp reacquired 1,880 of its own common shares for $15...

60.1K

Verified Solution

Question

Accounting

image
On November 13, HBO Entertainment Corp reacquired 1,880 of its own common shares for $15 per share. On December 30,HBO sold 480 of the shares reacquired on November 13 for $20 per share. The entry on December 30 includes a: Debit to Paid-in Capital for $2,400 Credit to Cash for $9,600 Credit to Treasury Stock for $7,200 Credit to Treasury Stock for $9,600

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Solve the following first order differential equations: (a) 2/?^ ???/?? = 4?^2? ; ?(0) = ?1/...

Basic Math
1.2K views

The New Jersey Department of Public Health offers psychological support programs for substance abuse patients with...

Biology
1.2K views

Choose an issue you would like to model with a feedback loop. Remember to start with the...

Physics
1.2K views

If left untreated, which of these is the most likely outcome of a binge-eatingdisorder?O A.ObesityO...

Physics
1.2K views

Two particles carrying charges q and q and having equal masses m each are fixed...

Physics
1.2K views

2 A particle of charge q 4 C and mass m 10 mg starts moving...

Geometry
1.2K views

9 Given AO LOB and OC bisects ACB Find mAB and mBC 2 points C...

Basic Math
1.2K views

54. At the school carnival, Ann is playing a game involving a stack of 10...

Basic Math
1.2K views

A company sells widgets. The amount of profit, y, made by the company, is related...

Statistics
1.2K views

Suppose 16 coins are tossed Find the probability of getting the following result using the...

Accounting
1.2K views

Island Novelties, Incorporated, of Palau makes two products - Hawailan Fantasy and Tahitian Joy, Each...

Accounting
1.2K views

The Zealand Company is a publicly traded corporation that produces different types of commercial food...