Match each term below with the description that fits it best.

1. Treasury stock

2. Issued capital stock

3. Outstanding capital stock

4. Authorized capital stock

5. Subscribed capital stock

Answers for Questions 1, 2, 3, 4, 5:

A. Shares of capital stock that a corporation has issued to stockholders and that are still

being held by the stockholders as of a specific date.

B. Shares of capital stock that a corporation may issue as stated in its corporate charter.

C. Shares of capital stock that a corporation has issued to its stockholders as of a

specific date.

D. Shares of capital stock that a corporation has issued but that are no longer

outstanding.

E. An appropriate description of the item does not appear (i.e., none of the above).