ACCT 101
Goals
for Chapter 11
Corporations:
Organization, Capital Stock, and Dividends
Schmidt
·
Be familiar with
characteristics of a corporation and with different sources of equity.
·
Be familiar with
various common stock transactions, and related journal entries, including:
o
Issuance of Stock
o
Calculating and
Distributing Dividends
o
Calculating Dividends
per share
·
Be familiar with
other common stock transactions, including:
o
Treasury Stock
o
Stock Splits
o
Stock Dividends
Be familiar with the ratios addressed in the chapter