Match the following terms with the correct definition. _____ 1. Share capital plus Retained Earnings. _____ 2.

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Match the following terms with the correct definition.
_____ 1. Share capital plus Retained Earnings.
_____ 2. Capital from investments by the shareholders.
_____ 3. Capital earned through profitable operation of the business.
_____ 4. The basic form of capital shares.
_____ 5. Shares in the hands of shareholders.
_____ 6. Distributions by a corporation to its shareholders.
_____ 7. Shares that give their owners certain advantages over common shareholders, such as the right to receive dividends before the common shareholders.
_____ 8. The portion of shareholders’ equity maintained for the protection of creditors.
_____ 9. A corporation’s own shares that it reacquires.
a. Common shares
b. Share capital
c. Dividends
d. Legal capital
e. Outstanding shares
f. Preferred shares
g. Retained earnings
h. Treasury shares
i. Shareholders’ equity
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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