111. Match each of the following terms with the appropriate definitions. 1. A correction of an error in a prior year that is reported in the statement of retained earnings or changes in stockholders' equity net of any income tax effects Stock option 2. A stock dividend that is more than 25% of the previously outstanding shares Treasury stock 3. Income earned by each share of a company's outstanding common stock Date of declaration 4. A abnormal debit balance in retained earnings Prior period adjustment 5. A corporation's own stock that was reacquired and is still held by the corporation Statement of changes in stockholders' equity 6. A distribution of cash to the owners of a corporation Earnings per share 7. The date a corporation's directors vote to issue a dividend Cash dividend 8. A part of operations that serves a particular line of business or class of customers and that has assets, activities and operating results distinguished from other parts Business segment 9. A financial statement that lists the beginning and ending balances of each equity account and describes the changes in these accounts during the period Large stock dividend 10. The right to purchase common stock at a fixed price over a specified period Deficit

111. Match each of the following terms with the appropriate definitions. 1. A correction of an error in a prior year that is reported in the statement of retained earnings or changes in...

111. Match each of the following terms with the appropriate definitions.

1. A correction of an error in a prior year that is reported in the statement of retained earnings or changes in stockholders' equity net of any income tax effects	Stock option
2. A stock dividend that is more than 25% of the previously outstanding shares	Treasury stock
3. Income earned by each share of a company's outstanding common stock	Date of declaration
4. A abnormal debit balance in retained earnings	Prior period adjustment
5. A corporation's own stock that was reacquired and is still held by the corporation	Statement of changes in stockholders' equity
6. A distribution of cash to the owners of a corporation	Earnings per share
7. The date a corporation's directors vote to issue a dividend	Cash dividend
8. A part of operations that serves a particular line of business or class of customers and that has assets, activities and operating results distinguished from other parts	Business segment
9. A financial statement that lists the beginning and ending balances of each equity account and describes the changes in these accounts during the period	Large stock dividend
10. The right to purchase common stock at a fixed price over a specified period	Deficit

May 15, 2022