11-股东权益-缴入股本(48).pptVIP

This is an example of a stock certificate. This certificate provides proof of ownership in a corporation. When stock is sold, the seller signs a transfer endorsement on the back of the stock certificate. Once the stockholders elect the Board of Directors, the Board has the ultimate responsibility for managing the company. The Board also hires the executive management team for the corporation. The executive management team manages the day-to-day decisions for the corporation. Learning objective number 4 is to account for paid-in capital and prepare the equity section of a corporate balan