Quiz Ch 10 – Chronological Order of Dates for Cash Dividends
Financial Accounting
Thomas, Tietz, and Harrison
12th Edition
What is the correct chronological order of dates for cash dividends?
What is the correct chronological order of dates for cash dividends?
What are the two main components of stockholders’ equity?
What is the correct order for listing Total Paid-in Capital, Retained Earnings, Treasury Stock, and Accumulated Other Comprehensive Income on a company’s balance sheet?
Which account should be credited in the journal entry when a corporation issues 10,000 shares of $1 par value common stock for $9,000?
To which account is the difference between the issue price per share of common stock and the par value per share of the stock credited?
Which account should be debited on the date of declaration when a corporation declares a $100,000 cash dividend?
Who declares dividends in a corporation?
What is the definition of legal capital for a corporation?
What percentage range of a corporation’s outstanding stock is considered a small stock dividend among the options?
What is the term used to describe previously issued stock that a corporation purchases from shareholders?