7 The total amount paid in bySelect answer from the options below creditors bondholders employees stockholdersfor the shares they purchase is described as common stock.

Common Stock is a share issued by an organization to raise funds for business. A Companies can raise…

Answered: for the shares they purchase is…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter20: Corporations: Organization And Capital Stock

Section: Chapter Questions

Problem 5MC: Treasury stock is listed as a(n) __________ on the balance sheet. (a) current liability (b) current...

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Treasury stock is listed as a(n) __________ on the balance sheet. (a) current liability (b) current asset (c) deduction from stockholders equity (d) addition to stockholders equity
Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and accounts receivable C. retained earnings and paid-in capital D. discounts and premiums on bond payable
The stockholders’ equity section of the balance sheet includes which of the following accounts?Select all answers that apply to this question. Check All That Apply Additional Paid-in Capital Bonds Payable Common Stock Notes Payable Preferred Stock Retained Earnings Treasury Stock
Which of the following is entitled to dividends? a. Total shares issued b. Total shares issued, net of treasury shares c. Total outstanding liability d. Total authorized shares
Match the following stockholders' equity concepts to the appropriate term (a-h). Question 12 options: Cash distribution of a company’s earnings to stockholders The date when dividends are actually distributed to stockholders Shares of common stock that were issued and then reacquired by a company Account used when shares are issued for an amount greater than par value The day of the event that creates a liability to company Equity account reflecting shares “owed” to stockholders Owners of this class of stock are entitled to receive dividends first The date that is used to determine the owners of stock who will receive the current dividend 1. cash dividend 2. date of record 3. Stock Dividends Distributable 4. date of declaration 5. treasury stock 6. preferred stock 7. date of payment 8. Paid-In Capital in Excess of Par
All of the following would appear on a Statement of Stockholders Equity except net income an issuance of common stock declaration of cash dividends declaration of stock split All of these
At the date of the financial statements, ordinary shares issued would exceed ordinary shares outstanding as a result of the a. Payment in full of subscribed shares b. Purchase of treasury shares c. Declaration of stock split d. Declaration of stock dividend
The Stockholders' Equity section of the balance sheet may include which of the following? Group of answer choices Common Stock Preferred Stock Retained Earnings Common Stock, Preferred Stock, Retained Earnings
Indicate how each of the following accounts should be classified in the stockholders’ equity section. a. Common Stock. b. Retained Earnings. c. Paid-in Capital in Excess of Par—Common Stock. d. Treasury Stock. e. Paid-in Capital from Treasury Stock. f. Paid-in Capital in Excess of Stated Value—Common Stock. g. Preferred Stock.
Which of the following affects the total Shareholders’ Equity? Appropriation of retained earnings Declaration of a scrip dividend Declaration of share split Retirement of treasury shares
Which of the following affects the total Shareholders’ Equity? a. Declaration of a scrip dividend b. Declaration of share split c. Appropriation of retained earnings d. Retirement of treasury shares
when shares are issued at a premium the value of the share premium should be : a- taken to the profit and loss account b- shown under current liabilities in the balance sheet c- shown under capital & reserves in the balance sheet d- taken to the trading account

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for the shares they purchase is described as common stock. The total amount paid in by Select answer from the options below creditors bondholders employees stockholders