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Match Six of the Terms (A-I) Used in the Capital

Question 110

Matching

Match six of the terms (a-i) used in the capital acquisitions and repayment cycle with the descriptions provided below (1-6).

Premises:
an outside person engaged by a corporation to maintain the stockholder records
an outside person engaged by a corporation to make sure that its stock is issued in accordance with capital stock provisions in the corporate charter and authorizations by the board of directors
a record of the issuance and repurchase of capital stock for the life of the corporation
the normal starting point for the audit of notes payable; includes detailed information of all transactions related to notes payable that took place during the year
an entity that is required to engage an independent registrar
the cycle that concerns the acquisition of capital resources through interest-bearing debt and owners' equity and repayment of the capital
Responses:
capital acquisition and repayment cycle
publicly held corporation
independent registrar
stock transfer agent
schedule of notes payable and accrued interest
stock maintenance agent
notes payable
closely held corporation
capital stock certificate book

Correct Answer:

capital acquisition and repayment cycle
publicly held corporation
independent registrar
stock transfer agent
schedule of notes payable and accrued interest
stock maintenance agent
notes payable
closely held corporation
capital stock certificate book
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