TAILIEUCHUNG - Lecture Principles of Accounting: A focus on analysis and interpretation (8th edition): Chapter 12 - Hillman, Kochanek, Barsky

Chapter 12 - Additional stockholders equity transactions and income disclosures. This chapter presents the following content: Retained earnings, restrictions on retained earnings, prior period adjustment, dividends, cash dividend, stock dividends, small stock dividend,. | Additional Stockholders’ Equity Transactions and Income Disclosures Retained Earnings Cumulative net income of past years minus net losses and dividends declared during those years Primary factors affecting retained earnings Net income or loss Restrictions of retained earnings Prior period adjustments Dividends Restrictions on Retained Earnings Tells the financial statement reader that company may not pay out this part of retained earnings as dividends Required restrictions To comply with legal or contractual limits on dividend distribution Voluntary To show reasons why management wishes to restrict dividends Prior Period Adjustment An error in preparing financial statements in one accounting period not discovered until a later period Treat correction of error, if material, as adjustment of beginning retained earnings Adjusts affected balance sheet account Adjusts beginning retained earnings Dividends Distribution of cash, stock, or other corporate assets to stockholders Declaration .

• Kế toán - Kiểm toán
• Principles of accounting
• Accounting information
• Lecture Principles of Accounting
• Equity transactions
• Income disclosures
• Small stock dividend
• Accounting principles
• Fundamental accounting principles
• Lecture Fundamental accounting principles
• Accounting information systems
• Fundamental system principles
• Technology based accounting systems
• Financial accounting
• Managerial accounting
• Managerial cost
• Reporting manufacturing activities
• Merchandising operations
• Accounting cycle
• Completing the accounting cycle
• Classified balance sheet
• Accounting for partnerships
• Partnership form of organization
• Basic partnership accounting