1. Know the recording of capital leases and of operating leases

2. Compute the price of a bond issued with semi-annual interest payments:

3. Define what is the par value of common stock:

4. Compute the number of shares outstanding for a company:

5. Define what retained earnings represents for a company:

6. Record the issuance of common stock at a price in excess of par:

7. Describe the effects of a stock split on financial statements:

8. State reasons for a firm to acquire treasury stock:

9. Record the resale of treasury stock above/below its acquisition cost:

10. Record the effects of a stock dividend on financial statements: