Two Classifications Appearing in the Paid-In Capital Section of the Balance

question 71

Multiple Choice

Two classifications appearing in the paid-in capital section of the balance sheet are

• A) preferred stock and common stock.
• B) paid-in capital and retained earnings.
• C) capital stock and additional paid-in capital.
• D) capital stock and treasury stock.

Apply techniques to avoid sexist language in writing.

Define and recognize the use of euphemisms and specialized phrases.

Understand the impact of sentence construction on the clarity of the message.

Employ strategies to avoid ambiguous references and to enhance sentence clarity.

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Definitions:

Ownership

The legal right or title to possess and use property, either tangible or intangible, with the freedom to control, enjoy, and dispose of it.

Articles Of Incorporation

A document that contains basic information about a corporation and is filed with the state.

Stock Subscriptions

Agreements to purchase shares in a company, often before they are available to the public.

Preemptive Rights

A shareholder's right to buy new shares in a company before they are offered to the public, in order to maintain their proportional ownership.