Corporation Accounting |
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Common terms and phrases
Accounts Receivable annual meeting assets and liabilities balance sheet bank board of directors Bond Interest bond issue by-laws cancelled Capital Stock account cash book charge charter close common stock company's coupon bonds coupons credited creditors cumulative cumulative voting debited December 31 declared elected exchange expenses follows full-paid George Bowers good-will holders Income incorporation instalment Investments January 13 July laws Loss account meeting of stockholders ment minute book notice number of shares officers outstanding paid pany par value payable payment poration preferred dividend preferred stock premium prescribed Profit and Loss proper purchase receipt receiver's record redemption represent Reserve secretary secured shares of stock sinking fund trustee statement statutes stock book stock certificate stock issued stock ledger stock sold stockholders Subscriptions to Stock Surplus account term tion Total transactions transfer books Treasury Stock usually vote Watered stock York
Popular passages
Page 388 - Clubs organized and operated exclusively for pleasure, recreation and other non-profitable purposes, no part of the net earnings of which inures to the benefit of any private stockholder or member. 10. Farmers...
Page 268 - Debt expense" means all expenses in connection with the issuance and sale of evidences of debt, such as fees for drafting mortgages and trust deeds: fees and taxes for issuing or recording evidences of debt cost of engraving and printing bonds, certificates of indebtedness, and other commercial paper...
Page 531 - Board, and shall give bond for the faithful performance of his duties in such sum and with such sureties as may be required by the Board of Directors.
Page 528 - The certificate of incorporation of any stock corporation may provide that at all elections of directors of such corporation, each stockholder shall be entitled to as many votes as shall equal the number of his shares of stock multiplied by the number of directors to be elected, and that he may cast all of such votes for a single director or may distribute them among the number to be voted for, or any two or more of them as he may see fit, which right, when exercised, shall be termed cumulative voting.
Page 64 - For value received hereby sell, assign, and transfer unto shares of the capital stock represented by the within certificate and do hereby irrevocably constitute and appoint attorney to transfer the said stock on the books of the within named company with full power of substitution in the premises.
Page 186 - It shall be the duty of the directors or trustees of every stock corporation to cause to be kept at its principal office or place of business in this State, correct books of account of all its business, and every stockholder in such corporation shall have the right at all reasonable times, by himself or by his attorney, to examine the records and books of account of the corporation.
Page 528 - On this day of 1966, before me personally appeared to me known to be the persons described in and who executed the foregoing instrument, and acknowledged that they executed the same as their free act and deed.
Page 388 - Benevolent life insurance associations of a purely local character, mutual ditch or irrigation companies, mutual or cooperative telephone companies, or like organizations; but only if 85 per centum or more of the income consists of amounts collected from members for the sole purpose of meeting losses and expenses; (11) Farmers...
Page 225 - Company has caused these presents to be signed by its President, and its corporate seal to be hereunto affixed, and to be attested by its Secretary...
Page 204 - For the purposes of the balance sheet statement, funded debt securities are considered to be nominally issued when certified by trustees and placed with the proper officer for sale and delivery or pledged or otherwise placed in some special fund of the accounting company. They are considered to be actually issued...