Financial Accounting Chapter 10

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

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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
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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...
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This note was uploaded on 11/23/2011 for the course ACCT 2103 taught by Professor Burnett during the Fall '08 term at Oklahoma State.

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