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Define spot, forward, and swap transactions in the foreign exchange market and give an example of how each could be used.
Common Stock
Equity securities representing ownership in a corporation, giving shareholders voting rights and a share in the company's profits through dividends.
Preferred Stock
A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.
Subscriptions Receivable-Common Stock
The amount owed to a company from subscribers who have committed to buy its common stock but have not yet paid.
Common Stock Subscribed
Temporary stockholders ’ equity account that records at par value stock that has been subscribed to but not fully paid for.
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