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Select the necessary words from the list of possibilities to complete the following statements. Statements Answer 1. The number of shares of stock issued and

Select the necessary words from the list of possibilities to complete the following statements.

Statements Answer
1. The number of shares of stock issued and outstanding at the balance sheet date may be confirmed by direct communication with the __________.
2. The formal document creating bonded indebtedness is called the ________________. trust indenture
3. The primary responsibility of the independent stock __________ is to avoid any over-issuance of stock of the corporation.
4. Internal control over the payment of dividends is enhanced when the company utilizes the services of an independent __________.
5. Unamortized __________ should be added to the face amount of the bonds or debentures in the liability section of the balance sheet.

bylaws

debt agreements

dividend paying agent

dividends

intent and the ability

premium

registrar

registrar and the transfer agent

trust indenture

vouching

waiver of compliance

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