Unformatted text preview: increase/decrease) Know date of record, date of payment, date of declaration. Know which date liability is recorded. Know JOURNAL ENTRY when dividend is DECLARED. Treasury stock basics – what is it? Are dividends paid on it? Who own it? Etc. What is included in stockholders equity? Retained earnings? Upon liquidation of a corporate entity - who gets paid first? Illustrative Problem on page 598 is a good study tool. Problems Calculate dividends per share Journal entries for basic treasury stock, common stock and preferred stock transactions. LOTS of Journal Entries!!!...
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This note was uploaded on 06/20/2011 for the course ACT ACT 2292 taught by Professor Amyhulsey during the Fall '09 term at Troy.
- Fall '09