Busy. Please wait.
Log in with Clever

show password
Forgot Password?

Don't have an account?  Sign up 
Sign up using Clever

Username is available taken
show password

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Didn't know it?
click below
Knew it?
click below
Don't Know
Remaining cards (0)
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

shit stack

financial acounting

Authorized stock the amount of stock a corporation is allowed to sell according to its charter. if all stock is sold the corporation must obtain permission from the state to issue additional shares
common stock when dividend is owned common stock gives the stock holder the right to vote on the board of directors, share corporate earning through receipt of dividends, keep same share of dividends even when stock are issued, share assets of liquidation
declaration date formal authorization of the cash dividend and announcement to share holders(get paid on date and must have owned stock as of a certain date)
dividends payment made to shareholder by a corperation
no par stock no face value on stock
par stock lowest amount stock is worth
outstanding shares what is still out in the public issued- treasury
shares outstanding the stock that is authorized and paid for by the stock holder
paid-in-capital money the corporation makes from people buying its stocks.
preferred stock priority over common stock but to vote
publicly-held thousands of public investors
record date company determines the ownership of outstanding shares for dividends purposes
retained earnings capital held for future use in business
treasury stock stock bought back to reduce the amount of outstanding stock in the market
characteristics of a corporation advantages separate legal entity limited liability of stockholders transferable ownership rights access to capital continuous life
characteristics of a corporation disadvantages double taxation
bonds It is a debt security, under which the issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay them interest (the coupon) and/or to repay the principal at a later date, termed the maturity
contingent liabilities a liability that may or may not be incurred most often described by getting sued
CMLTD reclassification of current maturity of a long term debt
reclassification of current maturity of long term debt cmltd
off balance sheet financing leases, used to keep leverage ratios low
what is a pay role cost to employer? saleries, fica & medicare, unemployment tax
what net check costs does the worker pay? federal and state tax, fica and medicare
Created by: micledelving
Popular Accounting sets




Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
restart all cards