17. They have the priority over the other stocks in terms of claims over the asset of the company. a. Owner c. Common Stocks d. Preferred b. Board of Directors stockholders 18. Which process taken in preparing financial statement that is the preparation of Account balances found in the general ledgers account with debit and credit are then added and the sum of debit and credit must be equal? a. Posting to ledger accounts unadjusted trial balance d. Preparing the adjusted trial balance c. Preparing the b. Recording in the journals 19. It offer slightly higher interest rates than government securities. c. Treasury bonds d. a. preferred stocks b. common stocks corporate bonds 20. Corporate bonds had a tenor of how many years? c. 1 year, 5 a. 5 years, 7 years, 10 years years, 7 years d. 3 years, 6 b. 1 year, 2 years, 3 years years, 10 years