(iii) MATCHING-STATEMENT QUESTIONS Match the statements in Column A to the terms in Column B. Write down the answers only, for example 1. (a). 1. 2. 3. 4. 5. 6. 7. 8. 9. Column A the correct abbreviation for a public company the amount by which the amount received by a company for a stock issue exceeds its face value maximum number of owners of (c) a close corporation calculated by charging a higher (d) rate in the early part of the assets life calculated by dividing the difference between an asset's cost and its expected salvage value by the number of years it is expected to be used (a) (b) the part of the capital of a company that comes from the issue of shares A specialised branch of accounting that keeps track of a company's financial transactions the provision of financial data (e) share capital and advice to a company for use in the organisation and development of its business the correct abbreviation for a private company 10. possessions of a business (f) (g) (h) (i) (i) share premium (PTY) Ltd Column B reducing balance depreciation method management accounting financial accounting 10 people assets straight line depreciation method Ltd