Amounts received from investors in exchange for stock |
Difference between amount received for stock and the par value |
| Amount assigned by company to share of stock |
| Stockholder has a right to maintain share of ownership in corporation |
| Receives dividends before common stock |
| Stock that has been issued and later reacquired |
| Maximum number of shares of stock that may be issued |
| Equity earned that is not distributed to stockholders |
| Increases the number of issued and outstanding shares, and decreases the par value per share |
| Distribution of earnings |
| stock dividend that has not been paid on cumulative preferred stock |
| Distribution of corporations own stock |
| Journal entry recording a restriction of a portion of retained earnings to limit the amount of dividends that can be paid |
| Stock that is held by stockholders |
| Credited when dividends are declared, but will be paid at a later date |
| Correction to retained earnings for an error made in a previous accounting period |
| shares of stock that have been transferred to stockholders that may or may not be held by stockholders |
| The price at which the stock is bought and sold |
| The amount of net income or loss for each share of outstanding common stock |
| Basic ownership of corporation |