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Unformatted text preview: 1. Identify and discuss the major characteristics of a corporation. 2. Record the issuance of common stock. 3. Explain the accounting for the purchase of treasury stock. 4. Differentiate preferred stock from common stock. 5. Prepare the entries for cash dividends and understand the effect of stock dividends and stock splits. 6. identify the items that affect retained earnings. 7. Prepare a comprehensive stockholders' equity section. 8. Evaluate a corporation's dividend and earnings performance from a stockholder's perspective. 9. Understand the journal entries to record a stock dividend (see appendix)....
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This note was uploaded on 02/19/2011 for the course BUS 201 taught by Professor Tomos during the Spring '11 term at Indian Institute Of Management, Ahmedabad.
- Spring '11