Match the following stockholders equity concepts to the appr

Match the following stockholders\' equity concepts to the appropriate term (a - g).

Shares of common stock that were issued and then reacquired by a company

Owners of this class of stock are entitled to receive dividends first

Cash distribution of a company’s earnings to stockholders

Account used when shares are issued for an amount greater than par value

A dividend event that creates a liability to company

The date that is used to determine which owners of stock will receive the current dividend

The date when dividends are actually distributed to stockholders

cash dividend

date of record

date of declaration

treasury stock

preferred stock

date of payment

Paid-In Capital in Excess of Par

Solution

Answer:

Appropriate term

Shares of common stock that
were issued and then reacquired by a company

d

treasury stock

Owners of this class of stock are entitled to receive dividends first

e

preferred stock

Cash distribution of a company’s earnings to stockholders

a

cash dividend

Account used when shares are issued for an amount greater than par value

g

Paid-In Capital in Excess of Par

A dividend event that creates a liability to company

c

date of declaration

The date that is used to determine which owners of stock will receive the current dividend

b

date of record

The date when dividends are actually distributed to stockholders

f

date of payment