会计英语课件Unit11.pptVIP

Accounting English Unit Eleven Learning Objectives Unit Eleven to explain the nature of owner’s equity; to prepare journal entries for capital stock and retained earnings; to describe the various types of business organizations. Warming-up Unit Eleven The owner’s equity in a corporation is commonly called stockholders’ equity, shareholders’ equity, shareholders’ investment or capital. In a corporation balance sheet, the stockholders’ equity section reports the amount of each of the two main sources of stockholders equity. The first source is capital contributed to the corporation by the stockholders and others, called paid-in capital or contributed capital. The second is net income retained in the business, called retained earnings. Vocabulary Unit Eleven single proprietorship partnership segregate invisible enumerate entitle preemptive par value withdrawal adequate characteristics 独资企业 合股经营（的公司） 分离 看不见的 列举 给予……权利 优先的； 优先购买权的 票面价值 提款；退股 足够的；恰当的 特性 Notes Unit Eleven par value: the value imprinted on the face of a share certificate or bond and used to assess dividend, capital ownership, or interest 票面值 no-par value 非票面值 Single proprietorships If a business is owned by one person and the business is not organized under state or federal laws as a separate legal entity, the business is called a single proprietorship, or sole proprietorship. 如果一家公司由一人所有，且依据国家法律不作为单独的法律实体，则被称为独资公司。（独资企业具有简单、免征企业所得税和较少受法律约束的优点，独资企业适用于个人所得税，其缺点是筹资能力差，发展能力有限。） Notes Unit Eleven Partnerships When a business is owned by two or more people (partners) and is not organized as a separate legal entity, it is called a partnership. 在公司由两人或更多的人所有且不以单独的法律实体形式组织时，则被称为合作公司。（这是企业的一种组织形式。由两个或更多的人以口头或书面契约为基础，合并他们的资产组成一个企业，并分享其收益或分担损失。） Notes Unit Eleven Corporations A corporation is formed, or