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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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- Fall '09