Accounting terminology
Listed below are nine technical accounting terms introduced in this chapter:

\begin{array}{ll}\text { Cash dividend } & \text { Price-earnings ratio } \\\text { Stock dividend } & \text { Profit from continuing operation } \\\text { Share split } & \text { Statement of changes in equity } \\\text { Earnings per share } & \text { Retrospective restatement } \\\text { Extraordinary item } &\end{array}

Each of the following statements may (or may not) describe one of these technical terms. In the space provided below each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.
(a) A financial statement showing the revenue, expenses, and net earnings of a corporation during the current accounting period.
(b) A distribution of cash to shareholders.
(c) A distribution to shareholders of additional shares, accompanied by a proportionate reduction in the par value per share.
(d) The market price of a share of preference share, divided by the profit of the corporation.
(e) A correction in the amount of profit reported in an earlier accounting period.
(f) Item no allowed to be presented under IFRS.
(g) A subtotal sometimes included in an income statement to assist investors in forecasting the profit of future accounting periods.

The Shareholders' Equity Section of the Blance Sheet

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