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Match the Following Descriptions to Stockholders Equity Concepts

Question 169

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Match the following descriptions to stockholders equity concepts

Premises:
distribution of a company’s earnings to stockholders
equity account reflecting shares “owed” to stockholders
account used when shares are issued for an amount greater than par value
when dividends are actually distributed to stockholders
Shares of common stock re-acquired by a company
entitled to receive dividends first
this event creates a liability to company
Responses:
stock dividends distributable
treasury stock
preferred stock
cash dividend
additional paid in capital
declaration date
record date
payment date

Correct Answer:

stock dividends distributable
treasury stock
preferred stock
cash dividend
additional paid in capital
declaration date
record date
payment date
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