APU ACCT 300 Week 4 Quiz
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APU ACCT 300 Week 4 Quiz Question 1 of 20 5.0/ 5.0 Points Cash dividends are not paid on shares of treasury stock. A. True B. False Question 2 of 20 5.0/ 5.0 Points A fixed asset with a cost of $30,000 and accumulated depreciation of $25,000 is sold for $3,500. What is the amou 2
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Question 1 of 20 5.0/ 5.0 Points
Cash dividends are not paid on shares of treasury stock. 
A. True 
B. False
Question 2 of 20 5.0/ 5.0 Points
A fixed asset with a cost of $30,000 and accumulated depreciation of $25,000 is sold for $3,500. What is the amount of gain or loss on disposal of the fixed asset? 
A.$2,500 loss 
B.$1,500 loss 
C.$2,500 gain 
D.$1,500 gain 
Question 3 of 20 5.0/ 5.0 Points
If a corporation issues only one class of stock, it is called: 
A. common stock. 
B. treasury stock....
- Examen
- • 6 páginas's •
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APU ACCT 300 Week 4 Quiz•APU ACCT 300 Week 4 Quiz
Vista previa 1 fuera de 6 páginas
Question 1 of 20 5.0/ 5.0 Points
Cash dividends are not paid on shares of treasury stock. 
A. True 
B. False
Question 2 of 20 5.0/ 5.0 Points
A fixed asset with a cost of $30,000 and accumulated depreciation of $25,000 is sold for $3,500. What is the amount of gain or loss on disposal of the fixed asset? 
A.$2,500 loss 
B.$1,500 loss 
C.$2,500 gain 
D.$1,500 gain 
Question 3 of 20 5.0/ 5.0 Points
If a corporation issues only one class of stock, it is called: 
A. common stock. 
B. treasury stock....
Question 1 of 20 5.0/ 5.0 Points
Cash dividends are not paid on shares of treasury stock. 
A. True 
B. False
Question 2 of 20 5.0/ 5.0 Points
A fixed asset with a cost of $30,000 and accumulated depreciation of $25,000 is sold for $3,500. What is the amount of gain or loss on disposal of the fixed asset? 
A.$2,500 loss 
B.$1,500 loss 
C.$2,500 gain 
D.$1,500 gain 
Question 3 of 20 5.0/ 5.0 Points
If a corporation issues only one class of stock, it is called: 
A. common stock. 
B. treasury stock....
- Examen
- • 6 páginas's •
-
APU ACCT 300 Week 4 Quiz•APU ACCT 300 Week 4 Quiz
Vista previa 1 fuera de 6 páginas
Question 1 of 20 5.0/ 5.0 Points
Cash dividends are not paid on shares of treasury stock. 
A. True 
B. False
Question 2 of 20 5.0/ 5.0 Points
A fixed asset with a cost of $30,000 and accumulated depreciation of $25,000 is sold for $3,500. What is the amount of gain or loss on disposal of the fixed asset? 
A.$2,500 loss 
B.$1,500 loss 
C.$2,500 gain 
D.$1,500 gain 
Question 3 of 20 5.0/ 5.0 Points
If a corporation issues only one class of stock, it is called: 
A. common stock. 
B. treasury stock....