tailieunhanh - Ebook Fundamental accounting principles (20th edition): Part 2

(BQ) Part 2 book "Fundamental accounting principles" has contents: Investments and international operations, analysis of financial statements, reporting the statement of cash flows, job order cost accounting, process cost accounting, master budgets and planning, accounting for corporations,.and other contents. | Page 506 8/6/10 4:34:52 PM user-f500 /Volumes/203/MHBR178/sLa1719X_disk1of1/007731719X/sLa1719X_pagefiles 13 Accounting for Corporations A Look Back A Look at This Chapter A Look Ahead Chapter 12 focused on the partnership form of organization. We described crucial characteristics of partnerships and the accounting and reporting of their important transactions. This chapter emphasizes details of the corporate form of organization. The accounting concepts and procedures for equity transactions are explained. We also describe how to report and analyze income, earnings per share, and retained earnings. Chapter 14 focuses on long-term liabilities. We explain how to value, record, amortize, and report these liabilities in financial statements. Learning Objectives CAP CONCEPTUAL C1 C2 Identify characteristics of corporations and their organization. (p. 508) C3 Explain the items reported in retained earnings. (p. 524) Explain characteristics of, and distribute dividends between, common and preferred stock. (p. 519) ANALYTICAL A1 A2 A3 A4 PROCEDURAL Compute earnings per share and describe its use. (p. 527) Compute price-earnings ratio and describe its use in analysis. (p. 527) Compute dividend yield and explain its use in analysis. (p. 528) Compute book value and explain its use in analysis. (p. 528) LP13 P1 P2 Record the issuance of corporate stock. (p. 512) P3 Record purchases and sales of treasury stock and the retirement of stock. (p. 522) Record transactions involving cash dividends, stock dividends, and stock splits. (p. 515) Page 507 8/13/10 8:11:48 PM user-f500 /Users/user-f500/Desktop/TEMPWORK/Don'tDelete_Jobs/MHDQ251:Beer:201/ch04 Decision Insight Greener Lawns FORT COLLINS, CO—According to the . Environmental Protection Agency, a gas-powered lawn mower produces as much air pollution as 43 new cars each driven 12,000 miles. “At least 5 percent of pollution is caused by .