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3. Match the following definitions (or partial definitions) to the appropriate t

ID: 2560741 • Letter: 3

Question

3. Match the following definitions (or partial definitions) to the appropriate term. Each term may be used once or not at all. Write A - E and the appropriate number beside each letter for the definition. There will only be one number beside each letter.

Definition (or partial definition)

Term

a.

Charged with maintaining detailed records of shareholders and handling purchases and sales of stock.

1.

Capital stock

b.

An unsecured bond, dependent upon the general credit of the issuer.

2.

Debenture bond

c.

A book with serially numbered stock certificates with attached stubs.

3.

Paid-in Capital in excess of par

d.

An account for stock issuance proceeds in excess of book value.

4.

Security bond

e.

Contains a separate record for each stockholder.

5.

Sinking fund

6.

Stock certificate book

7.

Stock reconciliation file

8.

Stock certificate holder

9.

Stockholders ledger

10.

Stock transfer agent

11.

Treasury stock

12.

Trust indenture

(Points : 10)

Definition (or partial definition)

Term

a.

Charged with maintaining detailed records of shareholders and handling purchases and sales of stock.

1.

Capital stock

b.

An unsecured bond, dependent upon the general credit of the issuer.

2.

Debenture bond

c.

A book with serially numbered stock certificates with attached stubs.

3.

Paid-in Capital in excess of par

d.

An account for stock issuance proceeds in excess of book value.

4.

Security bond

e.

Contains a separate record for each stockholder.

5.

Sinking fund

6.

Stock certificate book

7.

Stock reconciliation file

8.

Stock certificate holder

9.

Stockholders ledger

10.

Stock transfer agent

11.

Treasury stock

12.

Trust indenture

Explanation / Answer

Charged with maintaining detailed records of shareholders and handling purchases and sales of stock. Stock transfer agent An unsecured bond, dependent upon the general credit of the issuer. Debenture bond A book with serially numbered stock certificates with attached stubs. Stock certificate book An account for stock issuance proceeds in excess of book value Paid-in Capital in excess of par Contains a separate record for each stockholder. Stockholders ledger

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