西方财务会计 原版课件15

Chapter15-1Chapter15-2CHAPTER15STOCKHOLDERS’EQUITYIntermediateAccounting13thEditionKieso,Weygandt,andWarfieldChapter15-31.Discussthecharacteristicsofthecorporateformoforganization.2.Identifythekeycomponentsofstockholders’equity.3.Explaintheaccountingproceduresforissuingsharesofstock.4.Describetheaccountingfortreasurystock.5.Explaintheaccountingforandreportingofpreferredstock.6.Describethepoliciesusedindistributingdividends.7.Identifythevariousformsofdividenddistributions.8.Explaintheaccountingforsmallandlargestockdividends,andforstocksplits.9.Indicatehowtopresentandanalyzestockholders’equity.LearningObjectivesChapter15-4IssuanceofstockReacquisitionofsharesTheCorporateFormCorporateCapitalPreferredStockDividendPolicyPresentationandAnalysisStatecorporatelawCapitalstockorsharesystemVarietyofownershipinterestsFeaturesAccountingforandreportingpreferredstockFinancialconditionanddividenddistributionsTypesofdividendsStocksplitDisclosureofrestrictionsPresentationAnalysisStockholders’EquityChapter15-5ThreeprimaryformsofbusinessorganizationTheCorporateFormofOrganizationProprietorshipPartnershipCorporationLO1Discussthecharacteristicsofthecorporateformoforganization.Specialcharacteristicsofthecorporateform:1.Influenceofstatecorporatelaw.2.Useofcapitalstockorsharesystem.3.Developmentofavarietyofownershipinterests.Chapter15-6StateCorporateLawTheCorporateFormofOrganizationLO1Discussthecharacteristicsofthecorporateformoforganization.Corporationmustsubmitarticlesofincorporationtothestateinwhichincorporationisdesired.GeneralMotors-incorporatedinDelaware.U.S.Steel-incorporatedinNewJersey.Accountingforstockholders’equityfollowstheprovisionsofeachstatesbusinessincorporationact.Chapter15-7CapitalStockorShareSystemTheCorporateFormofOrganizationLO1Discussthecharacteristicsofthecorporateformoforganization.Intheabsenceofrestrictiveprovisions,eachsharecarriesthefollowingrights:1.Toshareproportionatelyinprofitsandlosses.2.Toshareproportionatelyinmanagement(therighttovotefordirectors).3.Toshareproportionatelyinassetsuponliquidation.4.Toshareproportionatelyinanynewissuesofstockofthesameclass—calledthepreemptiveright.Chapter15-8VarietyofOwnershipInterestsTheCorporateFormofOrganizationLO1Discussthecharacteristicsofthecorporateformoforganization.Commonstockrepresentsbasicownershipinterest.Bearsultimaterisksofloss.Receivesthebenefitsofsuccess.Notguaranteeddividendsnorassetsupondissolution.Preferredstockiscreatedbycontract,whenstockholders’sacrificecertainrightsinreturnforotherrightsorprivileges,usuallydividendpreference.Chapter15-9ContributedCapitalRetainedEarningsAccountAdditionalPaid-inCapitalAccountLess:TreasuryStockAccountTwoPrimarySourcesofEquityCorporateCapitalLO2Identifythekeycomponentsofstockholders’equity.CommonStockAccountPreferredStockAccountAssets–Liabilities=EquityChapter15-10IssuanceofStockAccountingproblems:1.Parvaluestock.2.No-parstock.3.Stockissuedwithothersecurities.4.Stockissuedinnoncashtransactions.5.Costsofissuingstock.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalSharesauthorized-Sharessold-SharesissuedChapter15-11ParValueStockLowparvalueshelpcompaniesavoidacontingentliability.Corporationsmaintainaccountsfor:PreferredStockorCommonStock.AdditionalPaid-inCapitalLO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalChapter15-12BE15-1:KCCorporationissued300sharesof$10parvaluecommonstockfor$4,500.PrepareKC’sjournalentry.Cash4,500Commonstock(300x$10)3,000Journalentry:Additionalpaid-incapital1,500LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalChapter15-13No-ParStockReasonsforissuance:Avoidscontingentliability.Avoidsconfusionoverrecordingparvalueversusfairmarketvalue.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalSomestatesrequirethatno-parstockhaveastatedvalue.Chapter15-14BE15-2:SwartenCorporationissued600sharesofno-parcommonstockfor$8,200.PrepareSwarten’sjournalentryif(a)thestockhasnostatedvalue,and(b)thestockhasastatedvalueof$2pershare.Cash8,200Commonstock8,200Journalentry:LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalCash8,200Commonstock(600x$2)1,200Additionalpaid-incapital7,000a.b.Chapter15-15StockIssuedwithOtherSecuritiesTwomethodsofallocatingproceeds:1.theproportionalmethodand2.theincrementalmethod.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalChapter15-16BE15-4:RavonetteCorporationissued300sharesof$10parvaluecommonstockand100sharesof$50parvaluepreferredstockforalumpsumof$13,500.Thecommonstockhasamarketvalueof$20pershare,andthepreferredstockhasamarketvalueof$90pershare.LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalNumberAmountTotalPercentCommonstock300x20.00$=6,000$40%Preferredstock100x90.009,00060%FairMarketValue15,000$100%Allocation:CommonPreferredIssueprice13,500$13,500$Allocation%40%60%Total5,400$8,100$ProportionalMethodChapter15-17LO3Explaintheaccountingproceduresforissuingsharesofstock.CorporateCapitalCash13,500Preferredstock(100x$50)5,000J