mba会计教材chap11~1

?TheMcGraw-HillCompanies,Inc.,1999Slide11-1Irwin/McGraw-HillChapter11Stockholders?Equity:Paid-inCapital?TheMcGraw-HillCompanies,Inc.,1999Slide11-2Irwin/McGraw-HillCorporationsExistenceisseparatefromowners.Anentitycreatedbylaw.Hasrightsandprivileges.Privately,orClosely,HeldPubliclyHeldOwnershipcanbe?TheMcGraw-HillCompanies,Inc.,1999Slide11-3Irwin/McGraw-HillWhyBusinessesIncorporateStockholdershavenopersonalliability.Privately,orCloselyHeldPubliclyHeldTransferabilityofownership.Professionalmanagement.Continuityofexistence.?TheMcGraw-HillCompanies,Inc.,1999Slide11-4Irwin/McGraw-HillDisclosefinancialinformation.FinancialstatementspreparedinaccordancewithGAAP.CPAsmustauditthefinancialstatements.Mustcomplywithfederalsecuritieslaws.MustsubmitfinancialinformationforSECreview.PubliclyOwnedCorporationsfaceDifferentRules?TheMcGraw-HillCompanies,Inc.,1999Slide11-5Irwin/McGraw-HillRightsofStockholdersStockholdersRightsVoting(inpersonorbyproxy).Proportionatedistributionofdividends.Proportionatedistributionofassetsinaliquidation.?TheMcGraw-HillCompanies,Inc.,1999Slide11-6Irwin/McGraw-HillRightsofStockholdersUltimatecontrolStockholdersusuallymeetonceayear.CorporateOrganizationChartSecretaryTreasurerControllerOtherVicePresidentsPresidentBoardofDirectorsStockholders?TheMcGraw-HillCompanies,Inc.,1999Slide11-7Irwin/McGraw-HillRightsofStockholdersStockholderledgersareoftenmaintainedbyastocktransferagentorstockregistrar.CorporateOrganizationChartSecretaryTreasurerControllerOtherVicePresidentsPresidentBoardofDirectorsStockholders?TheMcGraw-HillCompanies,Inc.,1999Slide11-8Irwin/McGraw-HillEachunitofownershipiscalledashareofstock.Astockcertificateservesasproofthatastockholderhaspurchasedshares.RightsofStockholders?TheMcGraw-HillCompanies,Inc.,1999Slide11-9Irwin/McGraw-HillWhenthestockissold,thestockholdersignsatransferendorsementonthebackofthestockcertificate.RightsofStockholders?TheMcGraw-HillCompanies,Inc.,1999Slide11-10Irwin/McGraw-HillFunctionsoftheBoardofDirectorsOverallresponsibilityformanagingthecompany.SelectedbyavoteofthestockholdersCorporateOrganizationChartSecretaryTreasurerControllerOtherVicePresidentsPresidentBoardofDirectorsStockholders?TheMcGraw-HillCompanies,Inc.,1999Slide11-11Irwin/McGraw-HillCorporateOrganizationChartSecretaryTreasurerControllerOtherVicePresidentsPresidentBoardofDirectorsStockholdersFunctionsoftheCorporateOfficersChiefAccountantContractualandlegalrepresentationCustodianoffunds?TheMcGraw-HillCompanies,Inc.,1999Slide11-12Irwin/McGraw-HillAuthorizationandIssuanceofCapitalStockThemaximumnumberofsharesofcapitalstockthatcanbesoldtothepublic.AuthorizedShares?TheMcGraw-HillCompanies,Inc.,1999Slide11-13Irwin/McGraw-HillAuthorizedSharesIssuedsharesareauthorizedsharesofstockthathavebeensold.Unissuedsharesareauthorizedsharesofstockthatneverhavebeensold.Usuallysharesaresoldthroughanunderwriter.AuthorizationandIssuanceofCapitalStock?TheMcGraw-HillCompanies,Inc.,1999Slide11-14Irwin/McGraw-HillUnissuedSharesTreasurySharesOutstandingSharesTreasurysharesareissuedsharesthathavebeenreacquiredbythecorporation.IssuedSharesOutstandingsharesareissuedsharesthatareownedbystockholders.AuthorizedSharesAuthorizationandIssuanceofCapitalStock?TheMcGraw-HillCompanies,Inc.,1999Slide11-15Irwin/McGraw-HillPaid-InCapitalofaCorporationPaid-inCapitalContributionsbyinvestorsinexchangeforcapitalstock.RetainedEarningsRetentionofprofitsearnedbythecorporation.Stockholders'equityisincreasedintwoways.?TheMcGraw-HillCompanies,Inc.,1999Slide11-16Irwin/McGraw-HillParvalueisanarbitraryamountassignedtoeachshareofstockwhenitisauthorized.Marketpriceistheamountthateachshareofstockwillsellforinthemarket.Stockholders?Equity?TheMcGraw-HillCompanies,Inc.,1999Slide11-17Irwin/McGraw-HillCommonstockcanbeissuedinthreeforms:No-ParCommonStockParValueCommonStockStatedValueCommonStockLet抯examinethisformofstock.Stockholders?Equity?TheMcGraw-HillCompanies,Inc.,1999Slide11-18Irwin/McGraw-HillIssuanceofParValueStockPreparethejournalentrytorecordanissuanceof10,000sharesof$2parvaluestockfor$25persharewhichoccurredonSeptember1,1999.Record:Thecashreceived.Thenumberofsharesissued?theparvaluepershareintheCommonStockaccount.TheremainderisassignedtoContributedCapitalinExcessofPar.?TheMcGraw-HillCompanies,Inc.,1999Slide11-19Irwin/McGraw-HillIssuanceofParValueStockThejournalentrytorecordanissuanceof10,000sharesof$2parvaluestockfor$25pershareonSeptember1,1999shouldincludeacredittocommonstockfortheparvalueofthesharesissued.DateDescriptionDebitCredit1-SepCash250,000CommonStock20,000AdditionalPaid-inCapital230,000?TheMcGraw-HillCompanies,Inc.,1999Slide11-20Irwin/McGraw-HillStockholders'EquitywithCommonStockStockholders'EquityContributedcapital:CommonStock-$2parvalue;50,000sharesauthorized;10,000sharesissuedandoutstanding20,000$ContributedCapitalinExcessofPar230,000Retainedearnings65,000Totalstockholders'equity315,000$IssuanceofParValueStock?TheMcGraw-HillCompanies,Inc.,1999Slide11-21Irwin/McGraw-HillCommonstockcanbeissuedinthreeforms:No-ParCommonStockParValueCommonStockS