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9.  Good storage helps children develop a sense of responsibility.

16.  Components of literacy include:

Prior to June 30, a company has never had any treasury stock transactions. The company repurchased 150 shares of its $1 par common stock on June 30 for $38 per share. On July 20, it reissued 75 of these shares at $42 per share. On August 1, it reissued 60 of the shares at $36 per share. What is the journal entry necessary to record the reissuance of treasury stock on July 20?

A machine with a cost of $147,000 and accumulated depreciation of $102,000 is sold for $58,500 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:

A corporation issued 3,400 shares of its no par common stock at a cash price of $12 per share. The entry to record this transaction would be:

A company had a beginning balance in retained earnings of $43,200. It had net income of $6,200 and declared and paid cash dividends of $5,675 in the current period. The ending balance in retained earnings equals:

During August, Boxer Company sells $354,000 in merchandise that has a one year warranty. Warranty expense is estimated at 5% of sales. The warranty liability account has a credit balance of $11,600 before adjustment. The entry to record the estimated warranty expense for the month is:

On January 1, a company issues bonds dated January 1 with a par value of $380,000. The bonds mature in 5 years. The contract rate is 7%, and interest is paid semiannually on June 30 and December 31. The market rate is 6% and the bonds are sold for $396,210. The journal entry to record the issuance of the bonds is:

On December 3, the Celtics sold a six-game pack of advance tickets for $3,570 cash. On December 20, the Celtics played the first game of the six-game pack (this represented one-sixth of the advance ticket sales). Record the entry for the December 20 transaction:

A company issued 50 shares of $100 par value common stock for $7,400 cash. The journal entry to record the issuance is: