Match Each of the Following Stockholders' Equity Concepts to the Appropriate

question 121

Multiple Choice

Match each of the following stockholders' equity concepts to the appropriate term (a-h) .
-Account used when shares are issued for an amount greater than par value

• A)Cash dividend
• B)Date of record
• C)Stock Dividends Distributable
• D)Date of declaration
• E)Treasury stock
• F)Preferred stock
• G)Date of payment
• H)Paid-In Capital in Excess of Par

---

Definitions:

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

Warranty of Authority

A representation that a person who purports to act on behalf of another (an agent) has the necessary authority to do so.

Bankruptcy

A legal process for individuals or businesses that are unable to repay their outstanding debts, allowing for the distribution of assets to creditors, potentially leading to the discharge of remaining debts.