Listed below are 5 terms followed by a list of phrases that describe or characterize each of the terms.Match each phrase with the number for the correct term.
Definitions:
Common Stock
Equity ownership in a corporation, representing a claim on part of the corporation's earnings and assets.
Journalize Transactions
The process of recording business transactions in the journal as part of the accounting cycle.
Stock Split
An action by a company to increase the number of its outstanding shares by issuing more shares to current shareholders, thus reducing the price per share without changing the company’s market capitalization.
Common Stock
Represents ownership shares in a corporation, giving holders voting rights and a share in the company’s profits through dividends.
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