Match the following stockholders' equity concepts to the appropriate term (a - g). Cash distribution of a
Question:
Match the following stockholders' equity concepts to the appropriate term (a - g).
Cash distribution of a company’s earnings to stockholders | ||
The date when dividends are actually distributed to stockholders | ||
Shares of common stock that were issued and then reacquired by a company | ||
Account used when shares are issued for an amount greater than par value | ||
The day of the event that creates a liability to company | ||
Equity account reflecting shares “owed” to stockholders | ||
Owners of this class of stock are entitled to receive dividends first | ||
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1. | cash dividend |
2. | date of record |
3. | Stock Dividends Distributable |
4. | date of declaration |
5. | treasury stock |
6. | preferred stock |
7. | date of payment |
8. | Paid-In Capital in Excess of Par |
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton