Accounting principles chapter 13

... CHAPTER 13 ACCOUNTING FOR After studying this chapter, you should be PARTNERSHIPS able to: Identify the characteristics of the partnership form of business organization Explain the accounting ... assigned must be agreed to by all of the partners • Once partnership has been formed – accounting is similar to accounting for transactions of any other type of business organization Com...

Ngày tải lên: 05/04/2017, 14:49

... CHAPTER CHAPTER 13 13 CORPORATIONS: ORGANIZATION AND CAPITAL STOCK TRANSACTIONS Accounting Principles, Eighth Edition Chapter 13- 2 Study Study Objectives Objectives ... proprietorship, a partnership, and a corporation Illustration 13- 6 Chapter 13- 27 LO Differentiate between paid-in capital and retained earnings Accounting Accounting for for Common Common Stock Stock Issues...

Ngày tải lên: 05/04/2017, 15:20

... No 13- 19 formal accounting entry LO Stock Issue Considerations Prenumbered Shares Illustration 13- 4 A Stock certificate Name of corporation Stockholder’s name Signature of corporate official 13- 20 ... (1,000 x $1) 1,000 13- 33 Paid-in Capital in Excess of Par — Common Stock LO Accounting for Common Stock Illustration 13- 7 Stockholders’ equity—paid-in capital in excess of par 13...

Ngày tải lên: 12/05/2017, 11:45

... par value Paid-in Chapter 13- 31 4,000 SO Record the issuance of common stock Accounting Accounting for for Common Common Stock Stock Issues Issues Illustration 13- 7 Chapter 13- 32 SO Record the ... capital Chapter 13- 4 Accounting Accounting for for Common Common Stock StockIssues Issues Issuing par value stock Issuing nopar stock Issuing stock for services or noncash assets...

Ngày tải lên: 13/05/2017, 10:22

... CHAPTER1 3 Corporations: Organization and Capital Stock Transactions 13- 2 PreviewofCHAPTER13 13- 3 The Corporate Form of Organization An entity ... companies To increase earnings per share 13- 36 SO Explain the accounting for treasury stock Accounting for Treasury Stock Purchase of Treasury Stock 13- 37  Debit Treasury Stock for the price ... stock (4,000 x $8) Cash 13- 38 32,000...

Ngày tải lên: 15/05/2017, 10:33

... property of the corporation’s owners  Ease of capital generation  Ease of transfer of ownership  Lack of mutual agency: The corporation is not bound by any contracts that individual stockholders ... public offering (IPO), a corporation often uses an underwriter—an intermediary between the corporation and the investing public  The corporation records the amount of the net pro...

Ngày tải lên: 15/05/2017, 15:44

... material (Exhibit 13 16) Direct labor (Exhibit 13 16) Overhead (Exhibit 13 16) For nonfactory costs: Salaries and wages (Exhibit 13 11) Supplies (Exhibit 13 11) Other S&A expenses (Exhibit 13 11) Net ... statement in Exhibit 13 19 and the balance sheets in Exhibits 13 5 and 13 20 Better Brackets generates both a large cash flow from operations ($60,380 from Exhibit 13 21) and...

Ngày tải lên: 02/07/2014, 22:21

... Metallgesellschaft, MG Refining and Marketing (MGRM) had embarked on an ingenious marketing plan The subsidiary was in the business of selling gasoline and heating oil to distributors and retailers To ... that the business in these instruments is now huge, and their use is pervasive Since the initiation of trading in the first stock index futures contract in December of 1982—t...

Ngày tải lên: 05/07/2014, 13:20

... discussed in Chapter 18 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition IV Financial Decisions and Market Efficiency CHAPTER 13 13 Corporate Financing and the Six Lessons of Market ... measure of relative performance Brealey−Meyers: Principles of Corporate Finance, Seventh Edition IV Financial Decisions and Market Efficiency 13 Corporate...

Ngày tải lên: 06/07/2014, 08:20

... 282 DIGITAL TERRAIN MODELING: PRINCIPLES AND METHODOLOGY Figure 13. 16 13. 5.1 Surface runoff simulation using Voronoi cells and IFD modeling Line-of-Sight: Point-to-Point Visibility The simplest ... 2004/10/22 — 16:37 — page 273 — #7 274 DIGITAL TERRAIN MODELING: PRINCIPLES AND METHODOLOGY 13. 3.2 Plan and Profile Curvatures Hengl et al (2003) regarded Equation...

Ngày tải lên: 11/08/2014, 17:20

... Assign Exercises 13- 19, 13- 22, 13- 26, and Problems 13- 29 and 13- 30 Learning Objective 5: Distinguish between engineered and discretionary costs C Management of capacity [Exhibit 13- 4] Reducing ... [Exhibit 13- 6] C Total factor productivity measures Do multiple choice 11 Assign Problems 13- 34 and 13- 35 CHAPTER QUIZ SOLUTIONS: 1.c 176 Chapter 13 2.c 3.a 4.d 5.c...

Ngày tải lên: 23/11/2016, 16:12

... time from the purchase of inventory to the collection of any receivable from the sale Solvency Analysis  The ability of a company to remain in business over the long term  The ability of the firm ... making comparisons  Recognizing trends in ratios  Extra caution for extraordinary items and gains and losses from discontinued operations  LO Limitations and Considerations in...

Ngày tải lên: 15/12/2016, 12:22

... CHAPTER ACCOUNTING IN ACTION After studying this chapter, you should be able to: • Explain what accounting is • Identify users and uses of accounting • Understand why ... concept • Explain the meaning of generally accepted accounting principles and the cost principle CHAPTER ACCOUNTING IN After studying thisACTION chapter, you should be able to: • Explain the meaning ... BOO...

Ngày tải lên: 05/04/2017, 14:48

... CHAPTER THE RECORDING After studying this chapter, you should be able to: PROCESS Explain what an account is and how ... process Explain what a journal is and how it helps in the recording process CHAPTER THE RECORDING After studying PROCESS this chapter, you should be able to: Explain what a ledger is and how it helps ... trial balance and explain its purpose THE ACCOUNT STUDY OBJECTIV...

Ngày tải lên: 05/04/2017, 14:48

... accrual-basis accounting is incorrect? a Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles ... Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles c Accrual-...

Ngày tải lên: 05/04/2017, 14:48