Changing the name of owner O2, Pat to Patrick in the table VEHICLE will cause an occurrence of a modification anomaly

In 2015, Broyles, Inc. reacquired 3,000 shares of its common stock at $55 per share. In 2016, Broyles, Inc. reissued 1,000 shares of the stock at $75 per share. Which of the following would be included in the 2016 entry?

a. Credit Cash for $165,000. b. Debit Treasury Stock for $75,000. c. Credit Treasury Stock for $55,000. d. Credit Cash for $75,000.

When a pension plan satisfied all the government mandated requirements for it to receive a tax advantaged status, it is referred to as a

A) defined benefit plan. B) qualified retirement plan. C) normal retirement plan D) individual savings plan.