Match each of the following stockholders' equity concepts to the appropriate term (a-h).
-Shares of common stock that were issued and then reacquired by a company
A)Cash dividend
B)Date of record
C)Stock Dividends Distributable
D)Date of declaration
E)Treasury stock
F)Preferred stock
G)Date of payment
H)Paid-In Capital in Excess of Par

Question

Quizplus · Accepted Answer

Treasury stock refers to shares of a company's own stock that have been issued and then subsequently repurchased by the company.

Answer: H
 Paid-In Capital in Excess of Par refers to the amount of money that shareholders paid for shares of stock in excess of the par value of the shares. This represents additional equity that the company has received beyond the nominal value of the shares.

Answer: F
 Preferred stock refers to a type of stock that typically pays a fixed dividend and has priority over common stock in terms of receiving dividends and in the event of a company liquidation.

Answer: C
 Stock Dividends Distributable refers to a temporary account that is used to track stock dividends that have been declared by a company but have not yet been distributed to shareholders.

Answer: A, D, G
 Cash dividend, date of declaration, and date of payment all refer to the process by which a company distributes dividends to its shareholders. The date of declaration is the date on which the company's board of directors announces a dividend payment, the date of record is the date used to determine which shareholders are eligible to receive the dividend, the date of payment is the date on which the company actually distributes the dividend to its shareholders.

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