Most companies who have several bank accounts, petty cash, and ...

[asmith134]

Most companies who have several bank accounts, petty cash, and cash on hand, would list each separately on thebalance sheet.
 a. True
  b. False
 
   Indicate whether the statement is true or false

Question 2

Match each of the following items with the appropriate definition. Each item is to be used only once.
 
  a. additional paid-in capital
  b. preferred stock
  c. payment date
  d. capital stock
  e. dividends in arrears
  f. treasury stock
  g. contributed capital
  h. cumulative preferred stock
  i. noncumulative preferred stock
 
  1. Type of corporate stock that has preference rights over common stock
  2. Preferred stock that is not entitled to receive past, unpaid dividends
  3. Owners' contributions to a firm
  4. Shares of ownership in a corporation
  5. The excess over par value received by a corporation when it issues stock
  6. Stock of a corporation that has been issued and has been repurchased by the issuing corporation
  7. Date when cash dividends are actually paid to shareholders of a corporation
  8. Stock on which the fixed dividend amount accumulates from year to year; the entire amount of all past unpaid dividends must be paid to the preferred shareholders before any dividends can be paid to the common shareholders
  9. Any dividends owed to the preferred shareholders from past years that were not declared and are currently unpaid

[bd5255]

Answer to Question 1

False

Answer to Question 2

b, i, g, d, a, f, c, h, e