Match the Terms Below with the Correct Definitions

question 34

Multiple Choice

Match the terms below with the correct definitions.
-A, L, OE, R, E

• A)Trial balance
• B)Normal balance
• C)Trial balance error
• D)Transposition
• E)Credit
• F)Trial balance account order
• G)Footing
• H)Debit
• I)Compound entry

---

Definitions:

Par Value

The face value of a bond or stock as stated by the issuer, which may differ from its market value.

Retained Earnings

Profits that a company retains for reinvestment rather than distributing to shareholders as dividends.

Dividends Payable

A liability account on a company’s balance sheet indicating the amount owed to shareholders in the form of dividends to be paid out.

Stock Split

A corporate action that increases the number of a corporation's outstanding shares by dividing each share, which may lower the share price.