Word Scramble for... Stockholders' Equity
NOTE: To see each answer, place your cursor in the middle of the cell under "Unscrambled Answer
| Word Clue | Answer |
Unscrambled Answer | |
| 1. | The proceeds from issuing common or preferred stock is reported as paid-in or contributed ____________. | TIPLACA | CAPITAL |
| 2. | A major section of stockholders' equity is ___________ earnings. | NARDEITE | RETAINED |
| 3. | If a corporation has only one type of stock it will be __________ stock. | MOOCNM | COMMON |
| 4. | A corporation's income statement will not report a gain or loss from transactions involving its own ___________. | KSOCT | STOCK |
| 5. | The cumulative amount of other ______________ income is reported as a separate amount within stockholders' equity. | IVEHSNOREMCPE | COMPREHENSIVE |
| 6. | A corporation's own stock that it has repurchased, but has not retired is _____________ stock. | RATYSERU | TREASURY |
| 7. | At the time that a corporation's board of directors declares a cash dividend, a current ____________ is created. | IYBLATIIL | LIABILITY |
| 8. | When a small stock (not cash) dividend is declared, the _________ value of the new shares is transferred from retained earnings to paid-in capital. | KRMTEA | MARKET |
| 9. | A 100% stock dividend will provide stockholders with the same number of shares as a 2-for-1 stock _________. | IPTSL | SPLIT |
| 10. | A cash dividend is based on the number of __________________ shares of stock. | GDTOANTINSU | OUTSTANDING |
| 11. | Stockholders' equity is the total ________ value of a corporation. | KOBO | BOOK |
| 12. | Stockholders' equity reports the owners' residual interest in the corporation's _________. | STSASE | ASSETS |
| 13. | A major advantage of the corporation as a form of business is the stockholders' _________ liability. | MELTIDI | LIMITED |
| 14. | The cumulative amount of the corporation's earnings minus the cumulative amount of dividends declared is a general description of __________ earnings. | DRIEATEN | RETAINED |
| 15. | A distribution of a part of a corporation's earnings to its stockholders. | INVIEDDD | DIVIDEND |
| 16. | A corporation might ___________ its retained earnings because of a future cash need. | CRITSTER | RESTRICT |
| 17. | A stock ________ will not cause a change in the balances of the stockholders' equity accounts. | TPSIL | SPLIT |
| 18. | A corporation that has omitted the dividends on its cumulative preferred stock needs to disclose that it has dividends in __________. | SRARERA | ARREARS |
| 19. | The difference in the number of issued shares of common stock and the number of outstanding shares of common stock is related to the number of shares of ___________ stock. | REYASTRU | TREASURY |
| 20. | Preferred stock will have preferential treatment over common stock in liquidation and _____________. | IDISNEVDD | DIVIDENDS |
