Match the Accounting Terms with the Description by Entering the Proper

question 93

Essay

Match the accounting terms with the description by entering the proper letter in the space provided.
A. Authorized capital stock R. No-par-value stock
B. Bylaws S. Organization costs
C. Callable preferred stock T. Par value
D. Capital stock ledger U. Participating preferred stock
E. Capital stock transfer journal V. Preemptive right
F. Common stock W. Preference dividend
G. Convertible preferred stock X. Preferred stock
H. Corporate charter Y. Registrar
I. Cumulative preferred stock Z. Shareholder
J. Dividends AA. Stated value
K. Limited liability company (LLC)BB. Stock certificate
L. Limited liability partnership (LLP)CC. Stockholders' equity
M. Liquidation value DD. Stockholders' ledger
N. Market value EE. Subchapter S corporation (S)
O. Minute book FF. Subscribers' ledger
P. Noncumulative preferred stock GG. Subscription book
Q. Nonparticipating preferred stock HH. Transfer agent
1. A subsidiary ledger that contains an account receivable for each stock subscriber
2. Preferred stock that conveys the right to convert that stock to common stock after a specified date or during a period of time
3. A basic or stated dividend rate for preferred stock that must be paid before dividends can be paid on common stock
4. Stock that conveys to its owners the right to only the preference dividend amount specified o the stock certificate
5. A person or institution that handles all stock transfers and transfer records for a corporation
6. The costs associated with establishing a corporation
7. A document issued by a state government that establishes a corporation
8. An amount assigned by the corporate charter to each share of stock for accounting purposes
9. Stock that conveys the right not only to the preference dividend amount but also to a share o other dividends paid
10. A list of the stock subscriptions received
11. A shareholder's right to purchase a proportionate amount of any new stock issued at a later date
12. Stock that conveys to its owners the right to receive the preference dividend for the current year and any prior years in which the preference dividend was not paid before common stockholders receive any dividends
13. Distributions of the profits of a corporation to its shareholders
14. Provides limited liability to the owners, who can elect to have the profits taxed at the corporate level or on their individual tax returns
15. The guidelines for conducting a corporation's business affairs
16. The general class of stock issued when no other class of stock is authorized; each share carries the same rights and privileges as every other share.
17. The number of shares authorized for issue by the corporate charter
18. A partnership that provides limited liability for all partners
19. Stock that gives the issuing corporation the right to repurchase the preferred shares from th stockholders at a specific price
20. Stock that is not assigned a par value in the corporate charter
21. A class of stock that has special claims on the corporate profits or, in case of liquidation, on corporate assets
22. A person or institution in charge of the issuance and transfer of a corporation's stock
23. A person who owns shares of stock in a corporation; also called a stockholder
24. The corporate equivalent of owners' equity; also called shareholders' equity
25. The form by which capital stock is issued; this document indicates the name of the
corporation, the name of the stockholder , the class of stock, and the number of shares to be transferred to the new owner.
26. The value that can be assigned to no-par-value stock by a board of directors for accounting purposes
27. A record of stock transfers used for posting to the stockholders' ledger
28. Value of assets to be applied to preferred stock, usually par value or an amount in excess of par value, if the corporation is liquidated
29. The price per share at which stock is bought and sold
30. A subsidiary ledger that contains a record of each stockholder's purchases, transfers, and current balance of shares owned; also called stockholders' ledger
31. Another term for capital stock ledger
32. A book in which accurate and complete records of all meetings of stockholders and director are kept
33. Stock that conveys to its owners the stated preference dividend for the current year but no rights to dividends for years in which none were declared
34. An entity formed as a corporation that meets the requirements of Subchapter S of the Intern Revenue Code to be treated essentially as a partnership, so that the corporation pays no income tax

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Definitions:

Counter Effects

The consequences that oppose or mitigate the impact of an initial effect, often arising in complex systems or reactions to interventions.

Work-related Stressors

Factors or conditions in the workplace that cause stress to employees, potentially impacting their health and job performance.

Defense Mechanisms

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and to manage emotional conflicts.

Workplace Aggression

Any act of physical violence, harassment, intimidation, or other threatening disruptive behavior that occurs at the work site.