{"id":825,"date":"2015-05-13T17:52:36","date_gmt":"2015-05-13T17:52:36","guid":{"rendered":"https:\/\/courses.candelalearning.com\/finacct2x10xmaster\/?post_type=part&#038;p=825"},"modified":"2018-02-10T15:31:58","modified_gmt":"2018-02-10T15:31:58","slug":"unit-15-stockholders-equity-earnings-and-dividends","status":"web-only","type":"part","link":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/part\/unit-15-stockholders-equity-earnings-and-dividends\/","title":{"raw":"Unit 14: Stockholders' Equity, Earnings and Dividends","rendered":"Unit 14: Stockholders&#8217; Equity, Earnings and Dividends"},"content":{"raw":"<div class=\"bcc-box bcc-highlight\">\r\n<h3>Learning Objectives<\/h3>\r\nBy the end of this section, you will be able to:\r\n<div>\r\n<ul>\r\n \t<li>The students should be able to develop the accounting for stockholders' equity, earnings, and dividends.<\/li>\r\n \t<li>Explain \"retained earnings.\"<\/li>\r\n \t<li>Describe and prepare entries to restrict retained earnings.<\/li>\r\n \t<li>Describe and record prior period adjustments.<\/li>\r\n \t<li>Prepare a statement of retained earnings.<\/li>\r\n \t<li>Prepare journal entries to record cash dividends.<\/li>\r\n \t<li>Allocate dividends between preferred and common stockholders.<\/li>\r\n \t<li>Explain the effect of stock dividends and stock splits on the stockholders' equity section of the balance sheet.<\/li>\r\n \t<li>Prepare a comprehensive stockholders' equity section of the balance sheet, including all information needed for fair disclosure.<\/li>\r\n \t<li>Explain \"discontinued operations\" and how they are reported on a corporate income statement.<\/li>\r\n \t<li>Explain \"extraordinary items\" and how they are reported on a corporate income statement.<\/li>\r\n \t<li>Explain \"cumulative adjustments\" (due to changes in accounting principles) and how they are reported on a corporate income statement.<\/li>\r\n \t<li>Prepare a corporate income statement which includes income taxes, unusual items, and earnings per share.<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>","rendered":"<div class=\"bcc-box bcc-highlight\">\n<h3>Learning Objectives<\/h3>\n<p>By the end of this section, you will be able to:<\/p>\n<div>\n<ul>\n<li>The students should be able to develop the accounting for stockholders&#8217; equity, earnings, and dividends.<\/li>\n<li>Explain &#8220;retained earnings.&#8221;<\/li>\n<li>Describe and prepare entries to restrict retained earnings.<\/li>\n<li>Describe and record prior period adjustments.<\/li>\n<li>Prepare a statement of retained earnings.<\/li>\n<li>Prepare journal entries to record cash dividends.<\/li>\n<li>Allocate dividends between preferred and common stockholders.<\/li>\n<li>Explain the effect of stock dividends and stock splits on the stockholders&#8217; equity section of the balance sheet.<\/li>\n<li>Prepare a comprehensive stockholders&#8217; equity section of the balance sheet, including all information needed for fair disclosure.<\/li>\n<li>Explain &#8220;discontinued operations&#8221; and how they are reported on a corporate income statement.<\/li>\n<li>Explain &#8220;extraordinary items&#8221; and how they are reported on a corporate income statement.<\/li>\n<li>Explain &#8220;cumulative adjustments&#8221; (due to changes in accounting principles) and how they are reported on a corporate income statement.<\/li>\n<li>Prepare a corporate income statement which includes income taxes, unusual items, and earnings per share.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"parent":0,"menu_order":138,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-825","part","type-part","status-web-only","hentry"],"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/pressbooks\/v2\/parts\/825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":0,"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/pressbooks\/v2\/parts\/825\/revisions"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/wp\/v2\/media?parent=825"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/wp\/v2\/contributor?post=825"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/suny-ecc-finaccounting\/wp-json\/wp\/v2\/license?post=825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}