Component of Shareholders’ Equity in a Corporation
Stock – Authorized, Issued, and Outstanding
Authorized shares
shares of stock that are available to issue per its corporate charter
Issued shares
shares of stock that have been offered and sold to shareholders
Outstanding shares
shares of stock that are owned by stockholders
Treasury shares
shares of
Corporation
C) Forming a Corporation
몷The initial step in forming a corporation is to file an application with the Secretary of State in the state in which incorporation is desired몸
The name and
purpose of corporation
Amounts, kinds, and number of shares of capital stock
1. Contents of the application
The names of the incorporators
The shares of stock to which each has subscribed
Financial Accounting
IFRS 4th Edition
Weygandt ●Kimmel ●Kieso
Chapter 12
Corporations: Organization, Share
Transactions, and Equity
자본회계
27Copyright 2019 John Wiley & Son, Inc.
If Delta Robotics has a balance of HK$800,000 in Share
CapitalOrdinary and HK$130,000 in retained earnings at the
end of its first year, its equity section is as follows:
Retained Earnings
Equity
Share capitalo
Long-Term Liabilities
비유동부채(장기부채)
Preview of chapter 15
Advantages of bond financing over common stock
: 보통주에 비교한 사채의 이점들
Types of bonds
:사채의 종류
SECURED BONDS AND UNSECURED BONDS
(담보부부채와 무담보부부채)
Secured bonds have specicic assets of the issuer pledged as collateral for the bonds. A bond secured by real estate.
Unsecure
shareholder.
5) Continuous life
If limited the company can extend its life through renewal of the charter
- Since the company is a separate entity, it is not affected by the withdrawal, death or inability
of employees, officer and stockholder
1
The corporate
form of organization
Characteristics of a corporation
6) Corporation management
controller
treasurer
stockholder
Chairman and board of dire