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Intermediate II
Chapter 16
5
Accounting
Undergraduate 2
03/21/2011

Additional Accounting Flashcards

 


 

Cards

Term
Authorized Capital Stock
Definition
the # of shares of capital stock both preferred and common that a corporation may issue as stated in its corporate charter
Term
Issued Capital Stock
Definition
The # of shares of capital that a corporation has issued to its stockholders as of a specific date.
Term
Outstanding Capital Stock
Definition
The # of shares of capital stock that a corporation has issued to stockholders and that are still be held by them as of a specific date.
Term
Treasury Stock
Definition

The # of shares of capital stock that a corporation has issued to stockholders and has reacquired but not retired.

# of shares issued -- # of outstanding shares

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