CH12 - CHAPTER 12 Corporations Organization Stock...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 12 Corporations: Organization, Stock Transactions, Dividends and Retained Earnings ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises Problems Alternate Problems * 1. Identify and discuss the major characteris- tics of a corporation. 1, 2, 3, 4, 5, 6 1 * 2. Record the issuance of common stock. 7, 8, 9, 10, 11 2, 3, 4 1, 2, 3, 6, 7, 13 1, 3, 6 1, 3 * 3. Explain the accounting for treasury stock. 12, 13, 14 5 2, 4, 6, 7, 13 2, 3, 6 2, 3 * 4. Differentiate preferred stock from common stock. 15 6 2, 5, 6, 7, 13, 16 1, 3, 6 1, 3 * 5. Prepare the entries for cash dividends and stock dividends. 18, 19, 20, 21, 22, 23 7, 8, 9 8, 9, 10, 11, 17 5, 7 4, 6 * 6. Identify the items that are reported in a re- tained earnings state- ment. 16, 24, 25 10, 11 12 4, 5 5, 6 * 7. Prepare a compre- hensive stockholders' equity section. 17 12 5, 6, 8, 9, 10, 13, 14, 15, 17 1, 2, 3, 4, 5, 6, 7, 8 1, 2, 3, 4, 5, 6, 7 *8. Describe the use and content of the stock- holders' equity state- ment. 9 *9. Compute book value per share. 26, 27 13 15, 16, 17 3, 8 3, 7 12-1
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1 Journalize stock transactions, post, and prepare paid-in capital section. Simple 30-40 2 Journalize treasury stock transactions, post, and pre- pare stockholders' equity section. Moderate 30-40 3 Journalize and post stock transactions, prepare the stockholders' equity section, and compute book value. Moderate 40-50 4 Prepare a retained earnings statement and the stock- holders' equity section. Moderate 30-40 5 Prepare retained earnings statement and stockholders' equity section. Moderate 30-40 6 Prepare entries for stock transactions and prepare stockholders' equity section. Moderate 20-30 7 Prepare dividend entries and prepare stockholders' equity section. Simple 30-40 *8 Prepare a stockholders' equity section and compute book value. Simple 20-30 *9 Prepare a stockholders' equity statement. Simple 20-30 1A Journalize stock transactions, post, and prepare paid-in capital section. Simple 30-40 2A Journalize treasury stock transactions, post, and pre- pare stockholders' equity section. Moderate 30-40 3A Journalize and post transactions, prepare the stock- holders' equity section, and compute book value. Complex 40-50 4A Prepare dividend entries and stockholders' equity section. Moderate 30-40 5A Prepare a retained earnings statement and the stock- holders' equity section. Moderate 20-30 6A Prepare retained earnings statement and stockholders' equity section. Moderate 30-40 *7A Prepare stockholders' equity and compute book value. Simple 20-30
Image of page 2
Correlation Chart between Bloom's Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems Study Objective Knowle dge Compre hension Applicati on Analysis Synthesis Evaluation 1. Identify and discuss the major charac- teristics of a corporation. Q12-4 Q12-5 Q12-6 BE12-1 Q12-1 Q12-2 Q12-3 2. Record the issuance of common stock. Q12-8 Q12-9 Q12-10 Q12-11 E12-6 Q12-7 BE12-2 BE12-3 BE12-4 E12-1 E12-2 E12-3 P12-1 P12-3 P12-6 P12-1A P12-3A E12-7 3. Explain the accounting for treasury stock.
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern