Financial Accounting Chapter 10

Financial Accounting Chapter 10 - Payment Date-Dividends...

Info icon This preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Accounting Chapter 10 Terms Treasury Stock: - Stock that is repurchased Retained Earnings: - Amounts earned by the corporation on behalf of its shareholders Preferred Stock: - Has priority over common stock at liquidation - Has priority over common stock when dividends are declared Declaration Date: - Board of directors officially approves a dividend
Image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Payment Date:-Dividends payable is decreased Date of Record:-Stock records are finalized to determine which stockholders are able to receive payment Dividend:-A distribution of assets to shareholders Shareholders’ Equity:-Common stock; additional paid-in capital; retained earnings...
View Full Document

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern