Antalya Corporation acquired 21200 shares of its own common stock at $22 per share on February 5, 2019, and sold 10600 of these shares at $29 per share on July 9, 2020. The fair value of Antalya's common stock was $26 per share at December 31, 2019, and $27 per share at December 31, 2020. The cost method is used to record treasury stock transactions. What account(s) should Antalya credit in 2020 to record the sale of 10600 shares? a. Treasury Stock for $275600 and Retained Earnings for $31800. b. Treasury Stock for $307400. c. Treasury Stock for $233200 and Paid-in Capital from Treasury Stock for $74200. d. Treasury Stock for $233200 and Retained Earnings for $74200. e. None of the above.

Tiana daniels enterprise’s trial balance as at december 31, 2016 did not balance. on february 15, 2017 the following errors were detected: errorsi. water rates had been undercast by $2, 000.  ii. a cheque paid to yvonne walch of $2, 680 had been posted to the credit side of her account.  iii. discount received total of $1, 260 had been posted to the debit side of the discount allowed account as $1, 620.  iv. rent paid in the amount of $24, 000 had been posted to the credit of the rent received account.  v. wayne returned goods valuing $1, 680 to daniels enterprise but had been completely omitted from the books.    required: 1. prepare the journal entries to correct the errors.  (narrations required)                    14.5 marks  2.    prepare the suspense account showing clearly the original trial balance error.          8 marks

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b

Happy foods and general grains both produce similar puffed rice breakfast cereals. for both companies, thecost of producing a box of cereal is 45 cents, and it is not possible for either company to lower their productioncosts any further. how can one company achieve a competitive advantage over the other?