Choose the appropriate term to match the term and the definition. Not all definitions will be used.

_____ Corporation _____ Par value _____ Growth investment (stock) _____ LLC _____ Current dividend preference _____ Partnership _____ Market value _____ Income investment (stock) _____ Cumulative dividend preference _____ Sole proprietorship

A. When preferred stockholders are paid dividends before other stockholders. B. When stockholders prefer to receive dividends at the end of the year rather than each quarter. C. The current stock price. D. A company that issues stock on one of the major stock exchanges. E. An unincorporated business that is owned by a single individual. F. A stock that is currently selling for its original issue price. G. A company that has a separate legal identity from its owners. H. When companies are obligated to pay preferred stockholders past dividends not yet distributed before paying dividends to owners of common stock. I. The nominal value per share of stock set by the company's charter. J. Stock of companies that tend to reinvest earnings to provide for greater future sales and profits. K. A company that is like a partnership in nature except that it has limited liability. L. Stock of companies that tend to pay relatively high dividends compared to the stock price. M. An unincorporated business owned by two or more individuals.

At the end of the accounting period, but before closing entries are made, Harry, the proprietor of Harry's Bar and Grill, has a debit balance of $24,500 in his drawing account and a credit balance of $72,300 in his capital account. Which of the following statements is true? a. Harry's net income was $47,800. b. In closing, Harry will debit the drawing account for $24,500 and credit the capital account for $24,500. c. In closing, Harry will debit the capital account for $24,500 and credit the drawing account for $24,500. d. Harry's retained earnings account was $47,800

If a corporation declares and distributes a 10% stock dividend on its common shares, the account debited is:

a. Dividends Payable.

b. Common Stock.

c. Additional Paid-in Capital.

d. Retained Earnings

Which of the following statements regarding issued and outstanding stock is true?

a. Issued stock is equal to authorized stock.

b. Outstanding stock includes stock in the hands of investors, as well as treasury stock in the hands of the corporation.

c. Outstanding stock includes all stock issued by a corporation.

d. Issued stock equals the sum of outstanding stock and treasury stoc

I need these answered by 11:30!