TAILIEUCHUNG - Lecture Introduction to Accounting: An integrated approach: Chapter 15 - Penne Ainsworth, Dan Deines

Chapter 15 - Recording and evaluating capital resource process activities: Financing. In this chapter, the learning objectives are: Explain, record, and report equity financing activities for a corporation; describe, record, and report debt financing activities for a corporation. | Chapter 15 Recording and Evaluating Capital Resource Process Activities: Financing Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Three Things to Remember Regarding Stockholders’ Equity Keep contributed capital (capital stock transactions) separate from earnings (retained earnings) Keep legal capital separate from additional paid-in capital. Treasury stock is a deduction from stockholders’ equity. 15- 15- What are the Stockholders’ Equity Accounts Used? Common stock Number of common shares issued * amount representing legal capital (par or stated value, if applicable) Preferred stock Number of preferred shares issued * amount representing legal capital (par or stated value, if applicable) 15- Stockholders’ Equity Accounts Continued Treasury stock Number of shares repurchased * purchase price per share (contra equity account—debit balance) Paid-in capital in excess of par (stated value) common (or preferred) Number of shares issued * (assets received per share – legal capital per share) 15- Stockholders’ Equity Accounts Continued Paid-in capital from Treasury Stock Transactions Number of shares reissued * (assets received per share reissued – price paid when treasury stock was repurchased) Retained earnings Past net incomes minus past net losses minus past dividends declared Two Things to Remember Regarding Long-term Notes Payable Record a note payable at its face value. Report a note payable at its carrying value (less discounts; plus premiums) 15- 15- What are the Events Associated with Periodic Payment Notes? Initial borrowing Cash increases by present value of the note Installment note payable increases by the face value of the note Periodic payment Interest expense increases by the interest incurred Installment note payable decreases by the principal paid Cash decreases by the amount of the periodic payment 15- Events Associated with Periodic Payment Notes Continued NOTE: Many installment .

• Kế toán - Kiểm toán
• Introduction to Accounting
• Business operating activities
• Lecture Introduction to Accounting
• Capital resource process
• Stockholders’ equity accounts
• Periodic payment
• Accounting information systems
• Accounting events
• Financial accounting
• Lecture Financial accounting
• Accounting information
• Management accounting
• Accounting standards
• Accounting equation
• Lecture Introduction to financial accounting
• Financial statements
• Business activities
• Financing activities
• Investing activities
• Business processes
• Lecture Introduction to cost accounting
• Introduction to cost accounting
• Traditional method
• Activity based costing
• Managerial accounting issues
• Accounting method
• Cash basis method
• Accrual method
• Survey of accounting
• Lecture Survey of accounting
• Accounting for cash
• Accounting cycle
• Managerial accounting
• Product costing
• Financial resources
• Accounting provides information
• Lecture Accounting 1
• The Accounting equation
• Operating processes
• Conversion process
• Short term decision making
• Cost volume profit model
• Strategic planning
• Balanced scorecard
• Costs of budgeting
• Human resources
• Payment process
• Evaluating conversion process activities
• Customer support process
• Revenue process
• Time value of money
• Planning investments
• Capital budgeting
• Planning equity financing
• Financial risk