Common Stock

1.Contributed Capital

2.Retained Earnings

3.Treasury Stock

4.Accumulated Other Comprehensive Income Loss

Explain the difference between authorized shares, issued shares, treasury stock, and outstanding shares.

What is the journal entry for common stock issuance?

What is the journal entry for repurchase of stock?

What is the journal entry for reissuance of treasury stock?

What are the important dates for cash dividends? Explain each.

What is the journal entry for the payment of dividends?

What is the journal entry related to year end for dividends?

Explain stock dividends.

Explain stock splits.

Preferred Stock

Describe preferred stock and how it is different from common stock.

What is the journal entry for preferred stock issuance?

Explain current dividend preference.

Explain cumulative dividend preference.

Provide the formula for each of the below measures and what it tells you.

1.Earnings per share (EPS)

2.Return on equity (ROE)

Price/Earnings ratio (P/E ratio)