The analytical framework used to evaluate transactions is reproduced below:

Using this analytical framework indicate the effect of each of the following transactions for TX Corporation:
1. TX Corporation sold additional shares of common stock for $250,000 cash.
2. At the end of the period TX Corporation revalued the securities to $125,000.
3.During the next period TX Corporation sells equipment with a book value of $100,000 for $90,000.

Question

The analytical framework used to evaluate transactions is reproduced below:
  
Using this analytical framework indicate the effect of each of the following transactions for TX Corporation:
1. TX Corporation sold additional shares of common stock for $250,000 cash.
2. At the end of the period TX Corporation revalued the securities to $125,000.
3.During the next period TX Corporation sells equipment with a book value of $100,000 for $90,000.

Quizplus · Accepted Answer

The Answer of The analytical framework used to evaluate transactions is reproduced below:
  
Using this analytical framework indicate the effect of each of the following transactions for TX Corporation:
1. TX Corporation sold additional shares of common stock for $250,000 cash.
2. At the end of the period TX Corporation revalued the securities to $125,000.
3.During the next period TX Corporation sells equipment with a book value of $100,000 for $90,000.

The Analytical Framework Used to Evaluate Transactions Is Reproduced Below