Match each of the following stockholders' equity concepts to the most appropriate term (a-h).
-A financial institution that records and maintains records of another company's stockholders
A)Authorized shares
B)Issued shares
C)Outstanding shares
D)Par value
E)Common stock
F)Preferred stock
G)Paid-In Capital in Excess of Par
H)Transfer agent

Question

Quizplus · Accepted Answer

A transfer agent records and maintains records of stockholders for a company.

Answer: F
 Preferred stock is a type of stockholders' equity for a company.

Answer: B
 Issued shares represent the total number of shares that have been issued by a company.

Answer: D
 Par value is a nominal value assigned to a share of stock by a company.

Answer: E
 Common stock is a type of stockholders' equity for a company.

Answer: G
 Paid-In Capital in Excess of Par is the amount that investors pay for stock in excess of the par value assigned by the company.

Answer: A
 Authorized shares represent the maximum number of shares that a company can issue according to its articles of incorporation.

Answer: C
 Outstanding shares represent the total number of shares that are held by investors or shareholders.

Match Each of the Following Stockholders' Equity Concepts to the Most