tailieunhanh - Ebook Accounting principles (10th edition): Part 2

(BQ) Part 2 book "Accounting principles" has contents: Investments, managerial accounting, incremental analysis and capital budgeting, budgetary control and responsibility accounting, budgetary planning, managerial accounting, financial statement analysis,.and other contents. | c13CorporationsOrganizationAndCa592 Page 592 11/24/10 1:49:01 PM user-s146 /Users/user-s146/Desktop/Merry_X-Mas/New CHAPTER13 Study Objectives After studying this chapter, you should be able to: [1] Identify the major characteristics of a corporation. [2] Differentiate between paid-in capital and retained earnings. Corporations: Organization and Capital Stock Transactions [3] Record the issuance of common stock. [4] Explain the accounting for treasury stock. [5] Differentiate preferred stock from common stock. [6] Prepare a stockholders’ equity section. ● ✔ Feature Story WHAT’S COOKING? [The Navigator] ✔ ● [The Navigator] ● Scan Study Objectives ● ● Read Feature Story ● ● Read Preview ● ● Read text and answer Do it! p. 601 ● p. 603 ● p. 606 ● p. 609 ● p. 613 ● ● Work Comprehensive Do it! p. 613 ● ● Review Summary of Study Objectives ● ● Answer Self-Test Questions ● ● Complete Assignments ● ● Go to WileyPLUS for practice and tutorials ● Read A Look at IFRS p. 629 ● 592 What major . corporation got its start 38 years ago with a waffle iron? Hint: It doesn’t sell food. Another hint: Swoosh. Another hint: “Just do it.” That’s right, Nike. In 1971 Nike co-founder Bill Bowerman put a piece of rubber into a kitchen waffle iron, and the trademark waffle sole was born. It seems fair to say that at Nike, “They don’t make ’em like they used to.” Nike was co-founded by Bowerman and Phil Knight, a member of Bowerman’s University of Oregon track team. Each began in the shoe business independently during the early 1960s. Bowerman got his start by making hand-crafted running shoes for his University of Oregon track team. Knight, after completing graduate school, started a small business importing low-cost, highquality shoes from Japan. In 1964, the two joined forces, each contributing $500, and formed Blue Ribbon Sports, a partnership that marketed Japanese shoes. c13CorporationsOrganizationAndCa593 Page 593 11/24/10 1:49:02 PM .