Chapter 15 Shareowner Equity: Contributed Capital
After studying this chapter you should be able to:
Discuss the characteristics of the corporate form of organization.
Identify the rights of stockholders.
Explain the key components of stockholders’ equity.
Explain the accounting procedures for issuing shares of stock.
Identify the major reasons for purchasing treasury stock.
Explain the accounting for treasury stock.
Describe the major features of preferred stock.
Distinguish between debt and preferred stock.
Identify items reported as additional paid-in capital.