Word Scramble for...
If you have difficulty answering the following questions, learn more about this topic by reading our Explanation of Stockholders' Equity.
|1.||The proceeds from issuing common or preferred stock is reported as paid-in or contributed ____________.||TIPLACA||CAPITAL|
|2.||A major section of stockholders' equity is ___________ earnings.||NARDEITE||RETAINED|
|3.||If a corporation has only one type of stock it will be __________ stock.||MOOCNM||COMMON|
|4.||A corporation's income statement will not report a gain or loss from transactions involving its own ___________.||KSOCT||STOCK|
|5.||The cumulative amount of other ______________ income is reported as a separate amount within stockholders' equity.||IVEHSNOREMCPE||COMPREHENSIVE|
|6.||A corporation's own stock that it has repurchased, but has not retired is _____________ stock.||RATYSERU||TREASURY|
|7.||At the time that a corporation's board of directors declares a cash dividend, a current ____________ is created.||IYBLATIIL||LIABILITY|
|8.||When a small stock (not cash) dividend is declared, the _________ value of the new shares is transferred from retained earnings to paid-in capital.||KRMTEA||MARKET|
|9.||A 100% stock dividend will provide stockholders with the same number of shares as a 2-for-1 stock _________.||IPTSL||SPLIT|
|10.||A cash dividend is based on the number of __________________ shares of stock.||GDTOANTINSU||OUTSTANDING|
|11.||Stockholders' equity is the total ________ value of a corporation.||KOBO||BOOK|
|12.||Stockholders' equity reports the owners' residual interest in the corporation's _________.||STSASE||ASSETS|
|13.||A major advantage of the corporation as a form of business is the stockholders' _________ liability.||MELTIDI||LIMITED|
|14.||The cumulative amount of the corporation's earnings minus the cumulative amount of dividends declared is a general description of __________ earnings.||DRIEATEN||RETAINED|
|15.||A distribution of a part of a corporation's earnings to its stockholders.||INVIEDDD||DIVIDEND|
|16.||A corporation might ___________ its retained earnings because of a future cash need.||CRITSTER||RESTRICT|
|17.||A stock ________ will not cause a change in the balances of the stockholders' equity accounts.||TPSIL||SPLIT|
|18.||A corporation that has omitted the dividends on its cumulative preferred stock needs to disclose that it has dividends in __________.||SRARERA||ARREARS|
|19.||The difference in the number of issued shares of common stock and the number of outstanding shares of common stock is related to the number of shares of ___________ stock.||REYASTRU||TREASURY|
|20.||Preferred stock will have preferential treatment over common stock in liquidation and _____________.||IDISNEVDD||DIVIDENDS|
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