FALSEWhen acorporation retiresit's own sharecapital, there isactually a gain orloss in transactionPARVALUEIt is the value ofa singlecommon shareas set by acorporation'scharter.SHARESOUTSTANDINGIt refers to a company'sstock currently held byall its shareholders,including share blocksheld by institutionalinvestors and restrictedshares owned by thecompany's officers andinsiders.TREASURYSHARE These are theportion ofshares that acompany keepsin its owntreasury. COSTMETHODThe acceptablemethod ofaccounting fortreasure sharesMEMORANDUMENTRYThe entry madeto record thereceipt of sharecapital asdonationCONTRIBUTEDCAPITALthe sum ofshare capitalandadditionalpaid in capitalDIVIDENDSIt is adistribution ofprofits by acorporation toitsshareholders.TRUEThe excess of theoriginal issuanceprince over theretirement price ofthe share capitalshould NOT becredited to RetainedEarningsRECAPITALIZATIONA change incapitalstructure ofcorporationSHARESPLITA stock split is acorporate action inwhich a companydivides its existingshares intomultiple shares.RETAINEDEARNINGSIt is the amount ofnet income leftover for thebusiness after ithas paid outdividends to itsshareholders.ISSUEDSHARESThe reacquisition of acompany's ownshares reduces thenumber ofoutstanding sharesbut does not affectthe number of______ORDINARYSHARE Its defined as shares ofa company that giveshareholders the rightto vote in thecompany's meetingand also an income inthe form of dividendsfrom the corporation'sprofits.STOCKCERTIFICATEIt is issued tothe shareholderwhen a sharecapital is fullypaidSHARECAPITALRETIREMENTIt requirescancellation of thestock certificateoriginally issued tothe shareholdersPREFERENCESHAREThese are shares ofa company's stockwith dividends thatare paid out toshareholders beforecommon stockdividends are issuedRETIREMENTOS SHARECAPITALThe reacquisitionof issued shareswithout theintention of reissueat some futuredateDONATIONTreasuryshares may beacquiredthrough________ ofshareholdersINDICATEDGAINIt should becredited toadditionalpaid incapitalREVERSESHARESPLITIt is a replacement ofoutstanding sharesby a smaller numberof shares with acorrespondingincrease in the par ofthe share capitalDECREASEThe effect ofshare splitup on par orstated valueSHAREHOLDERSIt is an individual orinstitution (including acorporation) thatlegally owns one ormore shares of theshare capital of apublic or privatecorporationCOVERTIBLEPREFERENCESHARESPreference sharethat can beconverted intoordinary shares atthe option of theholderFALSEWhen acorporation retiresit's own sharecapital, there isactually a gain orloss in transactionPARVALUEIt is the value ofa singlecommon shareas set by acorporation'scharter.SHARESOUTSTANDINGIt refers to a company'sstock currently held byall its shareholders,including share blocksheld by institutionalinvestors and restrictedshares owned by thecompany's officers andinsiders.TREASURYSHARE These are theportion ofshares that acompany keepsin its owntreasury. COSTMETHODThe acceptablemethod ofaccounting fortreasure sharesMEMORANDUMENTRYThe entry madeto record thereceipt of sharecapital asdonationCONTRIBUTEDCAPITALthe sum ofshare capitalandadditionalpaid in capitalDIVIDENDSIt is adistribution ofprofits by acorporation toitsshareholders.TRUEThe excess of theoriginal issuanceprince over theretirement price ofthe share capitalshould NOT becredited to RetainedEarningsRECAPITALIZATIONA change incapitalstructure ofcorporationSHARESPLITA stock split is acorporate action inwhich a companydivides its existingshares intomultiple shares.RETAINEDEARNINGSIt is the amount ofnet income leftover for thebusiness after ithas paid outdividends to itsshareholders.ISSUEDSHARESThe reacquisition of acompany's ownshares reduces thenumber ofoutstanding sharesbut does not affectthe number of______ORDINARYSHARE Its defined as shares ofa company that giveshareholders the rightto vote in thecompany's meetingand also an income inthe form of dividendsfrom the corporation'sprofits.STOCKCERTIFICATEIt is issued tothe shareholderwhen a sharecapital is fullypaidSHARECAPITALRETIREMENTIt requirescancellation of thestock certificateoriginally issued tothe shareholdersPREFERENCESHAREThese are shares ofa company's stockwith dividends thatare paid out toshareholders beforecommon stockdividends are issuedRETIREMENTOS SHARECAPITALThe reacquisitionof issued shareswithout theintention of reissueat some futuredateDONATIONTreasuryshares may beacquiredthrough________ ofshareholdersINDICATEDGAINIt should becredited toadditionalpaid incapitalREVERSESHARESPLITIt is a replacement ofoutstanding sharesby a smaller numberof shares with acorrespondingincrease in the par ofthe share capitalDECREASEThe effect ofshare splitup on par orstated valueSHAREHOLDERSIt is an individual orinstitution (including acorporation) thatlegally owns one ormore shares of theshare capital of apublic or privatecorporationCOVERTIBLEPREFERENCESHARESPreference sharethat can beconverted intoordinary shares atthe option of theholder

Untitled Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. When a corporation retires it's own share capital, there is actually a gain or loss in transaction
    FALSE
  2. It is the value of a single common share as set by a corporation's charter.
    PAR VALUE
  3. It refers to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.
    SHARES OUTSTANDING
  4. These are the portion of shares that a company keeps in its own treasury.
    TREASURY SHARE
  5. The acceptable method of accounting for treasure shares
    COST METHOD
  6. The entry made to record the receipt of share capital as donation
    MEMORANDUM ENTRY
  7. the sum of share capital and additional paid in capital
    CONTRIBUTED CAPITAL
  8. It is a distribution of profits by a corporation to its shareholders.
    DIVIDENDS
  9. The excess of the original issuance prince over the retirement price of the share capital should NOT be credited to Retained Earnings
    TRUE
  10. A change in capital structure of corporation
    RECAPITALIZATION
  11. A stock split is a corporate action in which a company divides its existing shares into multiple shares.
    SHARE SPLIT
  12. It is the amount of net income left over for the business after it has paid out dividends to its shareholders.
    RETAINED EARNINGS
  13. The reacquisition of a company's own shares reduces the number of outstanding shares but does not affect the number of ______
    ISSUED SHARES
  14. Its defined as shares of a company that give shareholders the right to vote in the company's meeting and also an income in the form of dividends from the corporation's profits.
    ORDINARY SHARE
  15. It is issued to the shareholder when a share capital is fully paid
    STOCK CERTIFICATE
  16. It requires cancellation of the stock certificate originally issued to the shareholders
    SHARE CAPITAL RETIREMENT
  17. These are shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued
    PREFERENCE SHARE
  18. The reacquisition of issued shares without the intention of reissue at some future date
    RETIREMENT OS SHARE CAPITAL
  19. Treasury shares may be acquired through ________ of shareholders
    DONATION
  20. It should be credited to additional paid in capital
    INDICATED GAIN
  21. It is a replacement of outstanding shares by a smaller number of shares with a corresponding increase in the par of the share capital
    REVERSE SHARE SPLIT
  22. The effect of share split up on par or stated value
    DECREASE
  23. It is an individual or institution (including a corporation) that legally owns one or more shares of the share capital of a public or private corporation
    SHAREHOLDERS
  24. Preference share that can be converted into ordinary shares at the option of the holder
    COVERTIBLE PREFERENCE SHARES