MEMORANDUMENTRYThe entry madeto record thereceipt of sharecapital asdonationINDICATEDGAINIt should becredited toadditionalpaid incapitalFALSEWhen acorporation retiresit's own sharecapital, there isactually a gain orloss in transactionRETAINEDEARNINGSIt is the amount ofnet income leftover for thebusiness after ithas paid outdividends to itsshareholders.DONATIONTreasuryshares may beacquiredthrough________ ofshareholdersTREASURYSHARE These are theportion ofshares that acompany keepsin its owntreasury.DIVIDENDSIt is adistribution ofprofits by acorporation toitsshareholders.PARVALUEIt is the value ofa singlecommon shareas set by acorporation'scharter.DECREASEThe effect ofshare splitup on par orstated valueRECAPITALIZATIONA change incapitalstructure ofcorporationISSUEDSHARESThe reacquisition of acompany's ownshares reduces thenumber ofoutstanding sharesbut does not affectthe number of______STOCKCERTIFICATEIt is issued tothe shareholderwhen a sharecapital is fullypaidSHAREHOLDERSIt is an individual orinstitution (including acorporation) thatlegally owns one ormore shares of theshare capital of apublic or privatecorporationTRUEThe excess of theoriginal issuanceprince over theretirement price ofthe share capitalshould NOT becredited to RetainedEarningsORDINARYSHARE 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.PREFERENCESHAREThese are shares ofa company's stockwith dividends thatare paid out toshareholders beforecommon stockdividends are issuedREVERSESHARESPLITIt is a replacement ofoutstanding sharesby a smaller numberof shares with acorrespondingincrease in the par ofthe share capitalSHARESPLITA stock split is acorporate action inwhich a companydivides its existingshares intomultiple shares.CONTRIBUTEDCAPITALthe sum ofshare capitalandadditionalpaid in capitalRETIREMENTOS SHARECAPITALThe reacquisitionof issued shareswithout theintention of reissueat some futuredateCOVERTIBLEPREFERENCESHARESPreference sharethat can beconverted intoordinary shares atthe option of theholderSHARECAPITALRETIREMENTIt requirescancellation of thestock certificateoriginally issued tothe shareholders COSTMETHODThe acceptablemethod ofaccounting fortreasure sharesSHARESOUTSTANDINGIt refers to a company'sstock currently held byall its shareholders,including share blocksheld by institutionalinvestors and restrictedshares owned by thecompany's officers andinsiders.MEMORANDUMENTRYThe entry madeto record thereceipt of sharecapital asdonationINDICATEDGAINIt should becredited toadditionalpaid incapitalFALSEWhen acorporation retiresit's own sharecapital, there isactually a gain orloss in transactionRETAINEDEARNINGSIt is the amount ofnet income leftover for thebusiness after ithas paid outdividends to itsshareholders.DONATIONTreasuryshares may beacquiredthrough________ ofshareholdersTREASURYSHARE These are theportion ofshares that acompany keepsin its owntreasury.DIVIDENDSIt is adistribution ofprofits by acorporation toitsshareholders.PARVALUEIt is the value ofa singlecommon shareas set by acorporation'scharter.DECREASEThe effect ofshare splitup on par orstated valueRECAPITALIZATIONA change incapitalstructure ofcorporationISSUEDSHARESThe reacquisition of acompany's ownshares reduces thenumber ofoutstanding sharesbut does not affectthe number of______STOCKCERTIFICATEIt is issued tothe shareholderwhen a sharecapital is fullypaidSHAREHOLDERSIt is an individual orinstitution (including acorporation) thatlegally owns one ormore shares of theshare capital of apublic or privatecorporationTRUEThe excess of theoriginal issuanceprince over theretirement price ofthe share capitalshould NOT becredited to RetainedEarningsORDINARYSHARE 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.PREFERENCESHAREThese are shares ofa company's stockwith dividends thatare paid out toshareholders beforecommon stockdividends are issuedREVERSESHARESPLITIt is a replacement ofoutstanding sharesby a smaller numberof shares with acorrespondingincrease in the par ofthe share capitalSHARESPLITA stock split is acorporate action inwhich a companydivides its existingshares intomultiple shares.CONTRIBUTEDCAPITALthe sum ofshare capitalandadditionalpaid in capitalRETIREMENTOS SHARECAPITALThe reacquisitionof issued shareswithout theintention of reissueat some futuredateCOVERTIBLEPREFERENCESHARESPreference sharethat can beconverted intoordinary shares atthe option of theholderSHARECAPITALRETIREMENTIt requirescancellation of thestock certificateoriginally issued tothe shareholders COSTMETHODThe acceptablemethod ofaccounting fortreasure sharesSHARESOUTSTANDINGIt refers to a company'sstock currently held byall its shareholders,including share blocksheld by institutionalinvestors and restrictedshares owned by thecompany's officers andinsiders.

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