ACCT 212 Study Guide - Quiz Guide: Interest Expense, Treasury Stock, Retained Earnings
Document Summary
Accrued payroll, bonus and other benefits due team members. The company purchased new equipment for ,250, but there were no disposals of property/equipment. The company purchased in new investments (including both short and long-term), and sold no investments during the year. The company made payments of on its notes payable, and incurred a new notes payable of . The company made no payments on its long-term liabilities. Any change in this account reflects new long-term liabilities incurred. The company sold stock during the year, and there were no additional transactions affecting the common stock account. The company purchased treasury stock during the year, and there were no additional transactions affecting the treasury stock account. The company paid dividends of in 2023. The company invested in other assets during 2023. Accrued payroll, bonus and other benefits due team members 513. Increase in accrued payroll, bonus and other benefits due team members 26.
