DIRECTIONS: Match the two columns by writing the letter assigned to your answer from the right column on the space provided in left column. Column A 1. Loans with repayment terms of 10-30 years 2. Difference between issue price and face value 3. Its value is indicated in its indenture. 4. Accumulated profits 5. Earnings available for dividends 6. Stocks without preference and rights 7. Cessation of the business operations 1946 D 8. Found in a company representing ownership 9. Less than 1 year repayment term 10. Cannot be detached or removed from business. RSITY. Column B a. Retained earnings b. Ordinary Shares c. Dissolution d. Bond premium e. Term loan f. Bond Certificate g. Free retained earnings h. long term i. Business risk j. Equity shares

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter6: Accounting For Merchandising Businesses
Section: Chapter Questions
Problem 6PB: Selected accounts and related amounts for Kanpur Co. for the fiscal year ended June 30, 2016, are...
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DIRECTIONS: Match the two columns by writing the letter assigned to your answer from the right column on
the space provided in left column.
The
Column A
1. Loans with repayment terms of 10-30 years
2. Difference between issue price and face value
3. Its value is indicated in its indenture.
4. Accumulated profits
5. Earnings available for dividends
6. Stocks without preference and rights
7. Cessation of the business operations
1946
8. Found in a company representing ownership
9. Less than 1 year repayment term
10. Cannot be detached or removed from business.
RSIT
Column B
a.
Retained earnings
b. Ordinary Shares
c. Dissolution
d. Bond premium
e. Term loan
f. Bond Certificate
g. Free retained earnings
h. long term
1. Business risk
j. Equity shares
Transcribed Image Text:DIRECTIONS: Match the two columns by writing the letter assigned to your answer from the right column on the space provided in left column. The Column A 1. Loans with repayment terms of 10-30 years 2. Difference between issue price and face value 3. Its value is indicated in its indenture. 4. Accumulated profits 5. Earnings available for dividends 6. Stocks without preference and rights 7. Cessation of the business operations 1946 8. Found in a company representing ownership 9. Less than 1 year repayment term 10. Cannot be detached or removed from business. RSIT Column B a. Retained earnings b. Ordinary Shares c. Dissolution d. Bond premium e. Term loan f. Bond Certificate g. Free retained earnings h. long term 1. Business risk j. Equity shares
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