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Match the Following Types of Adjusting Entries to the Listed

question 155

Multiple Choice

Match the following types of adjusting entries to the listed situation. (Choices may be used more than once.)
-Amounts are earned, but not yet received from customers


Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.

Par

A value assigned the shares of capital stock and stated on the stock certificate.

Dividend

A portion of a company's earnings distributed to its shareholders, typically in cash or additional shares.

Dividend Per Share

The sum of money paid by a company to its shareholders, divided by the total number of shares outstanding, usually expressed as a dollar amount per share.

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