` `

EQUITY DEBT

PAID IN CAPITAL
AMOUNTS RECEIVED FROM STOCKHOLDER EXTERNALLY GENERATED

RETAINED EARNING
CAPITAL EARNED BY PROFITABLE OPERATIONS INTERNALLY GENERATED

` `

STOCKHOLDER HAVE LIMITED LIABILITY BECAUSE THE CORPORATION IS A SEPARATE LEGAL ENTITY CAN RAISE MONEY MORE THAN PROPRIETORSHIP OR PARTNERSHIP CORPORATION HAS CONTINUOUS LIFE TRANSFER OF CORPORATE OWNERSHIP IS EASY

` ` ` `

VOTE DIVIDENDS LIQUIDATION PREEMPTION

` COMMON

STOCK STOCK

` PREFERRED ` TREASURY

STOCK

ISSUING COMMON STOCK AT PAR ISSUING COMMON STOCK ABOVE PAR ISSUING STOCK FOR ASSETS OTHER THAN CASH ISSUING PREFERRED STOCK

` ` ` ` ` `

REACQUIRE OF BUY BACK STOCK HELD IN COMPANY TREASURY TREASURY STOCK HAS DEBIT BALANCE RECORDED AT COST (IGNORE PAR VALUE) REPORTED BENEATH RETAINED EARNINGS REDUCE TOTAL STOCKHOLDER EQUITY

` `

PURCHASE OF TREASURY STOCK SALE OF TREASURY STOCK

SALE AT COST SALE ABOVE COST SALE BELOW COST

OUTSTANDING STOCK = ISSUED STOCK TREASURY STOCK

` NUMBER

OF SHARES OF STOCK A COMPANY IS AUTHORIZED TO SELL

` CASH

DIVIDENDS

DIVIDEND DATES
x DECLARATION DATE x DATE OF RECORD x PAYMENT DATE

ACCOUNTING TREATMENT:
x DECLARING DIVIDEND x PAYING DIVIDEND

` `

STOCK DIVIDENDS STOCK SPLIT