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Chapters 1-4 The Accounting Cycle
Chapters 5-8 Current Assets
Chapters 9-11 Long-Term Assets
Chapters 12-14 Liabilities/Equities
Chapters 15-16 Using Information
- Chapter 15: Financial Reporting and Concepts
- Chapter 16: Financial Analysis and the Statement of Cash Flows
Chapters 17-20 Managerial/Cost
Chapters 21-24 Budgeting/Decisions

Chapter 14 - Fill in the Blanks

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Question 1 of 10

1. Question
A ____________ is an artificial being, existing only in contemplation of law.
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Question 2 of 10

2. Question
A ____________ is a corporation which has shares of stock owned by relatively few persons.
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Question 3 of 10

3. Question
The taxing of income to the corporation, and the subsequent taxing of dividends to the stockholders is commonly termed____________.
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Question 4 of 10

4. Question
The feature that allows a corporation to reacquire stock, at the corporation’s option, is commonly known as the ____________ feature; the feature that allows the shareholder to exchange preferred shares for common shares is called the ____________ feature.
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Question 5 of 10

5. Question
The significance of par value is that it represents ____________ per share of stock.
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Question 6 of 10

6. Question
The ____________ is the date that corporate records are reviewed to determine who will receive a previously declared dividend.
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Question 7 of 10

7. Question
The number of shares that a corporation is permitted to issue is termed the ____________ shares, whereas the number of shares actually issued and held by stockholders is termed ____________ shares.
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Question 8 of 10

8. Question
For a preferred stock to have dividends in arrears, it must be ____________.
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Question 9 of 10

9. Question
When a corporation reissues treasury stock at more than its cost, the ____________ account should be increased.
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Question 10 of 10

10. Question
A ____________ involves increasing the number of shares outstanding and reducing the stock’s par or stated value per share.
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Additional Resources

Illustrative Entries

Examples of journal entries for numerous sample transactions

Account Types

Typical financial statement accounts with debit/credit rules and disclosure conventions

Glossary

Includes financial and managerial terms

Time Value of Money

Future and present value tables

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Chapters 1-4
Chapters 5-8
Chapters 9-11
Chapters 12-14
Chapters 15-16
- Chapter 15: Financial Reporting and Concepts
- Chapter 16: Financial Analysis and the Statement of Cash Flows
Chapters 17-20
Chapters 21-24
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