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  • THEORIES

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    Raymund Cabidog
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    The document appears to be an exam for an accounting course, asking students to answer 5 questions related to corporations and shareholders' equity. The questions cover topics like the definition of a corporation, the two classes of share capital, distinguishing between shares of stock and stock certificates, advantages and disadvantages of forming a corporation, and the two components of shareholders' equity.

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    The document appears to be an exam for an accounting course, asking students to answer 5 questions related to corporations and shareholders' equity. The questions cover topics like the definition of a corporation, the two classes of share capital, distinguishing between shares of stock and stock certificates, advantages and disadvantages of forming a corporation, and the two components of shareholders' equity.

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    © All Rights Reserved
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    4 views1 page

    THEORIES

    Uploaded by

    Raymund Cabidog
    The document appears to be an exam for an accounting course, asking students to answer 5 questions related to corporations and shareholders' equity. The questions cover topics like the definition of a corporation, the two classes of share capital, distinguishing between shares of stock and stock certificates, advantages and disadvantages of forming a corporation, and the two components of shareholders' equity.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Accountancy Department

    FINAL Examination in ACTFUN2


    Name of student: ___________________________________ Score: ______________

    Class Schedule: ____________________________________ Date: _______________

    INSTRUCTION:
    Write ALL your answers in the space provided after the question. Write your answers concisely and LEGIBLY.

    THEORIES:
    1. WHAT IS A CORPORATION?

    2. What are the two classes of share capital?

    3. Distinguish share of stock and certificate of stock.

    4. Give 3 advantage and disadvantage of forming a corporation.

    5. What are the two components of Sharehoder’s Equity? Discuss each briefly.

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