Question
Match the items below by entering the appropriate code letter in the space provided. A. Charter F. Organization costs B. Outstanding shares G. Par value
Match the items below by entering the appropriate code letter in the space provided.
A. Charter F. Organization costs
B. Outstanding shares G. Par value shares
C. Publicly held corporation H. No-par value shares
D. Share premium I. Treasury shares
E. Retained earnings J. Share Capital
1. Net income retained in the corporation.
2. Shares that have not been assigned a value in the corporate charter.
____ 3. Assets paid into the corporation by shareholders in exchange for shares.
____ 4. A document that sets forth important terms regarding the creation of a corporation.
5. A corporation that may have thousands of shareholders and whose shares are regularly traded.
6. Capital shares that have been assigned a value per share in the corporate charter.
____ 7. Shares that have been issued and are being held by shareholders.
8. Costs incurred in the formation of a corporation.
9. Corporation's own shares that have been reacquired by the corporation but not retired.
____ 10. Portion of the proceeds above the share's par value.
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