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Test#1 - Ch.13 1 What laws the government formation of...

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Ch.13 1. What laws the government formation of corporations? Where do you apply for charter? 2. Definition of double taxation 3. Advantages and disadvantages of forming corporations, several advantages, and few disadvantages (Double taxation) 4. Journal entry for selling a stock at price greater its par value (above, premium) 5. Effect that dividends have on the accounting equasion, what are they increase, what are they decrease 6. What accounts are affected by dividends? 7.3 key dates in dividends, what happens on each 8. Name we give to the owners of corporations, what we call those people 9. Type of Transaction (particular type dealing with transaction)- what affected have on stockholder’s equity, increase or decrease – what type of transactions increase or decrease? 10. Calculate the average issue price of share of stock –par value, balances. Common stock, preferred stock, 11. Paid-in capital, excess of par: average sale price 12. Two problems that how you would spilt dividends between common and preferred share holders. Given a total dividend par and some information about dividends paid in the past. How
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