To see each answer, press or click on the blue "Unscramble" button.
If you have difficulty answering the following questions, learn more about this topic by reading our Stockholders' Equity (Explanation).
| 1. The proceeds from issuing common or preferred stock is reported as paid-in or contributed ____________. | CAPITAL TIPLACA | Unscramble |
| 2. A major section of stockholders' equity is ___________ earnings. | RETAINED NARDEITE | Unscramble |
| 3. If a corporation has only one type of stock it will be __________ stock. | COMMON MOOCNM | Unscramble |
| 4. A corporation's income statement will not report a gain or loss from transactions involving its own ___________. | STOCK KSOCT | Unscramble |
| 5. The cumulative amount of other ______________ income is reported as a separate amount within stockholders' equity. | COMPREHENSIVE IVEHSNOREMCPE | Unscramble |
| 6. A corporation's own stock that it has repurchased, but has not retired is _____________ stock. | TREASURY RATYSERU | Unscramble |
| 7. At the time that a corporation's board of directors declares a cash dividend, a current ____________ is created. | LIABILITY IYBLATIIL | Unscramble |
| 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. | MARKET KRMTEA | Unscramble |
| 9. A 100% stock dividend will provide stockholders with the same number of shares as a 2-for-1 stock _________. | SPLIT IPTSL | Unscramble |
| 10. A cash dividend is based on the number of __________________ shares of stock. | OUTSTANDING GDTOANTINSU | Unscramble |
| 11. Stockholders' equity is the total ________ value of a corporation. | BOOK KOBO | Unscramble |
| 12. Stockholders' equity reports the owners' residual interest in the corporation's _________. | ASSETS STSASE | Unscramble |
| 13. A major advantage of the corporation as a form of business is the stockholders' _________ liability. | LIMITED MELTIDI | Unscramble |
| 14. The cumulative amount of the corporation's earnings minus the cumulative amount of dividends declared is a general description of __________ earnings. | RETAINED DRIEATEN | Unscramble |
| 15. A distribution of a part of a corporation's earnings to its stockholders. | DIVIDEND INVIEDDD | Unscramble |
| 16. A corporation might ___________ its retained earnings because of a future cash need. | RESTRICT CRITSTER | Unscramble |
| 17. A stock ________ will not cause a change in the balances of the stockholders' equity accounts. | SPLIT TPSIL | Unscramble |
| 18. A corporation that has omitted the dividends on its cumulative preferred stock needs to disclose that it has dividends in __________. | ARREARS SRARERA | Unscramble |
| 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. | TREASURY REYASTRU | Unscramble |
| 20. Preferred stock will have preferential treatment over common stock in liquidation and _____________. | DIVIDENDS IDISNEVDD | Unscramble |
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Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.
