Quiz Ch 10 – T/F Synonyms for Paid-in Capital in Excess of Par
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
Additional Paid-in Capital is an alternative name for Paid-in Capital in Excess of Par.
Additional Paid-in Capital is an alternative name for Paid-in Capital in Excess of Par.
If a corporation pays income taxes, its stockholders are not required to pay taxes on the dividends received.
Under U.S. GAAP, companies are not allowed to supplement employee salaries by granting shares of stock instead of cash.
A corporation uses its name rather than the names of its stockholders.
What type of balance does treasury stock have and how does it compare to other stockholders’ equity accounts?
What does double taxation refer to?
What is a preferred stock?
What are the effects of a small stock dividend on financial statements?
What is an increase in the number of issued and outstanding shares of stock, accompanied by a proportional reduction in the stock’s par value per share called?
What is the difference that treasury stock accounts for?