StockholdersEquity Paid-in Capital会计学课件.ppt

Chapter 11;Corporations;Why Businesses Incorporate;Disclose financial information. Financial statements prepared in accordance with GAAP. CPAs must audit the financial statements. Must comply with federal securities laws. Must submit financial information for SEC review.;Rights of Stockholders;Rights of Stockholders;Rights of Stockholders;Each unit of ownership is called a share of stock. A stock certificate serves as proof that a stockholder has purchased shares. ;When the stock is sold, the stockholder signs a transfer endorsement on the back of the stock certificate.;Functions of the Board of Directors;Functions of the Corporate Officers;Authorization and Issuance of Capital Stock;Authorized Shares;Unissued Shares;Paid-In Capital of a Corporation;Par value is an arbitrary amount assigned to each share of stock when it is authorized.;Common stock can be issued in three forms:;Issuance of Par Value Stock;Issuance of Par Value Stock;Issuance of Par Value Stock;Common stock can be issued in three forms:;Preferred Stock;Cumulative Preferred Stock;Stock Preferred as to Dividends;Stock Preferred as to Dividends;Convertible Preferred Stock;Preferred Stock;Stock Issued for Assets Other Than Cash;I love this stuff! Can we do some more?;Market Value;Market Price of Preferred Stock;Market Price of Common Stock;Stock Splits;Stock SplitsExample;Assume that a corporation had 5,000 shares of $1 par value common stock outstanding before a 2杅or? stock split.;Unissued Shares;Treasury Stock;On May 1, 1998 East Corp. reacquired 3,000 shares of its common stock at $55 per share. Prepare the journal entry for May 1.;On May 1, 1998 East Corp. reacquired 3,000 shares of its common stock at $55 per share. Prepare the journal entry for May 1.;Treasury StockExample;On December 3, 1999 East Corp. reissued 1,000 shares of the stock at $75 per share. Prepare the journal entry for December 3.;Stockholders?Equity Presentation;End of Chapter 11