What section in the stockholders' equity presents the investment of the owners?

Question 7 options:

	Paid in capital
	Retained Earnings
	Appropriations
	Cash

Question 8 (1 point)

This account is credited upon subscription of stocks.

Question 8 options:

	cash
	Subscribed ordinary share capital
	ordinary share capital
	subscription receivable

Question 9 (1 point)

This stock transaction requires memo entry.

Question 9 options:

	issuance
	authorization
	subscription
	collection

Question 10

In what date retained earnings are debited?

Question 10 options:

	Date of declaration
	Date of distribution
	Date of record
	Subscription date

Question 11

What stock may receive more than 1 year dividend?

Question 11 options:

	par value stock
	ordinary share
	no par stock
	preference stock

Question 12

The board of directors declared dividend at the end of the Corporation's 3rd year of operation. How many year/s will be computed for the dividend of preference if the agreement is non-cumulative?

Question 12 options:

	1 year
	3years
	2years
	none

Question 13 (1 point)

Treasury shares are not entitled to received dividend.

Question 13 options:

	True
	False

Question 14 (1 point)

BIR is a government agency tasked to regulate capital transactions of partnership & corporation

Question 14 options:

	True
	False

Question 15 (1 point)

Non cumulative agreement may result to more than 1 year dividend of preference stockholders.

Question 15 options:

	True
	False

Question 16 (1 point)

All issued shares are always entitled to received

dividend.

Question 16 options:

	True
	False

Question 17 (1 point)

Ordinary shares have preferential claims on dividends & assets in the corporation.

Question 17 options:

	True
	False

Question 18 (1 point)

Delinquent stocks are shares originally issued and re-acquired by the corporation.

Question 18 options:

	True
	False

Question 19 (1 point)

Accounts Receivable is the term use in recording uncollected subscription.

Question 19 options:

	True
	False

Question 20 (1 point)

Corporation issued shares are fully paid shares.

Question 20 options:

	True
	False

Question 21 (1 point)

The owners of corporation are called stakeholders.

Question 21 options:

	True
	False

Question 22 (1 point)

Appropriated retained earnings are the source of dividend to be distributed to stockholders.

Question 22 options:

	True
	False

Question 23 (1 point)

Outstanding shares are the difference between issued shares & treasury stocks.

Question 23 options:

	True
	False

Question 24 (1 point)

In the date of dividend declaration, the business debit retained earnings.

Question 24 options:

	True
	False

Question 25 (1 point)

Outstanding share equals issued minus treasury shares

Question 25 options:

	True
	False