Fundamentals of Accounting Theory and Practice Part 2: Module 006: Accounting for Corporation

Fundamentals of Accounting Theory and Practice Part 2

Module 006: Accounting for Corporation

Welcome to this module, Accounting for Corporation, where you will learn how to account and record the authorization of stocks, issuances of shares of stocks: common or ordinary and preferred, with par value or no-par value; treasury shares accounting ;and how the stockholders’ equity section is shown in the balance sheet.
At the end of this module, you will be able to:
1. Account for authorization , issuances for cash or through subscription of shares of stocks
2. Record issuances of ordinary and preferred shares
3. Account and record shares at par, above par, or no-par value.
4. Account and record treasury shares
5. Present the stockholders’ equity section at the balance sheet.