Accounting Quiz 4 & 5: Matching Items A-J - Prof. Gary G. Berg, Quizzes of Accounting

Download Accounting Quiz 4 & 5: Matching Items A-J - Prof. Gary G. Berg and more Quizzes Accounting in PDF only on Docsity! Acct 2020 Quiz 4 & 5 Quiz 4 Due on February11th, 3:00 p.m. (missing this deadline will result in grade of zero) Name: Match the items below by entering the appropriate code letter in the space provided. Item 1 has been done for you. A. Deficit F. Return on common stockholders' equity B. Prior period adjustment G. Cash dividend C. Liquidating dividend H. Declaration date D. Retained earnings restrictions I. Stock dividend E. Earnings per share J. Stock split C 1. A dividend declared out of paid-in capital. 2. Retained earnings currently unavailable for dividends. 3. The correction of an error in previously issued financial statements. 4. A pro rata distribution of cash to stockholders. 5. A debit balance in retained earnings. 6. A pro rata distribution of the corporation's own stock to stockholders.. 7. Shows how many dollars of net income were earned for each dollar invested by the owners. 8. The date the board of directors formally declares the dividend and announces it to stockholders. 9 The issuance of additional shares of stock to stockholders accompanied by areduction in the par or stated value per share.. 10. Widely used by stockholders and potential investors in evaluating the profitability of a company 1. The files should be renamed 2020 + your last name+quiz4-5.doc (i.e. 2020 Jones Quiz4-5.doc, 2020 Jackson Quiz4-5.doc, etc). Failure to Rename file will result in grade of Zero 2. Rename quiz Send me the completed quiz via the ETSU drop box at https://www.etsu.edu/oit/helpdesk/dropbox/. (Hardcopy printout will not be accepted for this quiz.) I have also placed a link to the drop box on my class web site.  In the To Field, enter my email address Acct2020@bergg.etsu.edu, (Make sure you enter it correctly). Files not received because of typos in email To field or files sent to wrong email account will receive a grade of 0)  If for some reason you cannot authenticate when using the drop box, send assignment as an email attachment to ACCT2020@bergg.etsu.edu See back for other quizzes Acct 2020 Quiz 4 & 5 Quiz 5 Due on February11th, 3:00 p.m. (missing this deadline will result in grade of zero) Name: Match the items below by entering the appropriate code letter in the space provided. A. Limited liability F. Preemptive right B. Capital stock G. Par value C. Board of directors H. Legal capital D. Paid-in capital I. Treasury stock E. Retained earnings J. Cumulative feature 1. Net income retained in the corporation. 2. The amount that must be retained in the business for the protection of creditors. 3. Preferred stockholders have a right to receive current and unpaid prior-year dividends before common stockholders receive any dividends. 4. Creditors only have corporate assets to satisfy their claims. 5. Responsible to stockholders for corporate activity. 6. The amount assigned to each share of stock in the corporate charter. 7. Unit of ownership in a corporation. 8. Enables stockholders to maintain their same percentage ownership when new shares are issued. 9. Corporation's own stock that has been reacquired by the corporation but not retired. 10. Total amount paid-in on capital stock. 1. The files should be renamed 2020 + your last name+quiz4-5.doc (i.e. 2020 Jones Quiz4-5.doc, 2020 Jackson Quiz4-5.doc, etc). Failure to Rename file will result in grade of Zero 2. Send me the completed quiz via the ETSU drop box at https://www.etsu.edu/oit/helpdesk/dropbox/. (Hardcopy printout will not be accepted for this quiz.) I have also placed a link to the drop box on my class web site.  In the To Field, enter my email address Acct2020@bergg.etsu.edu, (Make sure you enter it correctly). Files not received because of typos in email To field or files sent to wrong email account will receive a grade of 0)  If for some reason you cannot authenticate when using the drop box, send assignment as an email attachment to ACCT2020@bergg.etsu.edu See back for other quizzes