Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. Account title used to represent a shareholder's interest in a corporation for contributions made in cash, property of service 2. The conduct of business

1. Account title used to represent a shareholder's interest in a corporation for contributions made in cash, property of service

2. The conduct of business and administration of corporate properties are vested by law in a few shareholders elected by the shareholdars incurred during the formation of a corporation such as legat foes consultations, registration, representation, promotion, etc

3. account title representing collectibles from investors for stock subscriptions made by them

4. Account ttle representing sharoholders' intorest not fully paid for

6. Issued shares reacquired by a corporation

7. A class of capital stock that represents the basic ownership of a corporation which carries with it the right to vote, right to profits and right to residual assets in

8 Contributed capital that must be retained in the corporation and are not subject to distribution as dividends to shareholders.

9. Earned capital as a result of profits obtained through corporate operations less dividend distribution

10.Shareholders receive this as an evidence of stock ownership.

11. The place where the stocks are publicly brought and sold.

12 An investment house that buys all the shares of stock offered by a corporation and sells it to investors for a fee or commission

13 A kind of stock wherein a fixed value is stated in the Articles of Incorporation

14 A section in the statement of financial position where ownership interest of the shareholders over the net assets of the corporation is presented

15.This is the needed capital of a corporation representing the maximum number of shares allowed to be sold to various investors

16. The party who offers the least number of shares in share subscription delinquency

17. A class of capital stock that do not have voting rights

18. The result id share capital is issued above par value.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Medical Audit In Primary Health Care

Authors: Martin Lawrence, Theo Schofield

1st Edition

0192622676, 978-0192622679

More Books

Students also viewed these Accounting questions