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Match the following types of adjusting entries to the listed situation. (Choices may be used more than once.)
-Rent Revenue
Stated Value
Stated value refers to a fixed per-share value assigned by a corporation to its no-par value stock, often used in accounting and financial reporting.
Participating Right
A feature of certain securities that allows the holder to receive dividends or other benefits in addition to the basic rights associated with the security.
Outstanding Stock
Shares of a corporation that have been issued and are currently held by investors, including public shareholders and company insiders.
Authorized Stock
The maximum number of shares a corporation is legally permitted to issue, as specified in its corporate charter.
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