22-23 Acctg 2 Unit 2 Vocab

A written application that is used to request permission to form a corporation

• articles of incorporation

• capital stock

• charter

• corporation

the approved articles of incorporation

• charter

• corporation

• dividend

• stockholder

a portion of a corporation’s earnings that is distributed to stockholders

• expenses

• charter

• corporation

• dividend

a unit of ownership in a corporation

• dividends

• board of trustees

• share of stock

• corporation

J’s Jewelry prepared their _______________ to submit to the state for approval.

• articles of incorporation

• charter

• dividends

• corportation

a business or organization that has the legal rights of a person but can be owned by several people

• debit

• balance sheet

• corporation

• sole proprietor

J’s Jewelry was happy to receive their ________ showing that their application for incorporation was approved.

• articles of incorporation

• charter

• partnership

• stockholder

Large __________ employ a little over half of the U.S. population.

• stock

• sole proprietorship

• partnerships

• corporations

an owner of one or more shares of a corporation

• charter

• stockholder

• dividend

• corporation

the total shares of ownership in a corporation

• dividend

• capital stock

• corporation

• intangible assets