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Unformatted text preview: section on personal investing may be quite interesting to you. Why don't you check out some of the web sites in the exhibit on page 311? You can use your own judgment regarding which problems and exercises you would like to work in this chapter. Working the problems and exercises will certainly give you a better understanding of the chapter, and I encourage you to work them. However, I do not plan to test your knowledge of bookkeeping journal entries in this chapter. ADDITIONAL OBSERVATIONS: 1. Understand the major differences between common and preferred stock. 2. Reinforce your understanding of retained earnings, and the transactions that affect this account. 3. Understand the nature and characteristics of a cash dividend, a stock dividend, and a stock split. 4. Understand the rights and obligations of common and preferred stockholders. HAVE FUN!...
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This note was uploaded on 04/23/2011 for the course ACC 490 taught by Professor Johnthompson during the Spring '10 term at Murray State KY.
- Spring '10