Capitulo 13 de libro de contabilidad

CHAPTER 13
Corporations: Organization and Capital Stock Transactions
ASSIGNMENT CLASSIFICATION TABLE
Brief Exercises 1 A Problems B Problems

Study Objectives 1. Identify the major characteristics of a corporation. Differentiate between paid-in capital and retained earnings. Record the issuance of common stock. Explain the accounting for treasury stock. Differentiate preferred stock fromcommon stock. Prepare a stockholders’ equity section. Compute book value per share.

Questions 1, 2, 3, 4

Exercises 1, 2

2.

5, 6, 8, 9, 11, 14, 15

2

2

3A, 4A

3B, 4B

3.

7, 10, 11, 12 7, 13, 14, 15 16

3, 4, 5

3, 4, 5, 6, 11, 13 5, 7, 8, 11, 13 5, 9, 10, 11, 13 9, 12, 13, 14, 15 16

1A, 3A, 4A, 6A 2A, 3A, 6A

1B, 3B, 4B, 6B 2B, 3B, 6B

4.

6

5.

7

1A,3A, 4A, 6A 1A, 2A, 3A, 4A, 5A, 6A

1B, 3B, 4B, 6B 1B, 2B, 3B, 4B, 5B, 6B

6.

19

8

7.

17, 18

9

13-1

ASSIGNMENT CHARACTERISTICS TABLE
Problem Number 1A Difficulty Level Simple Time Allotted (min.) 30–40

Description Journalize stock transactions, post, and prepare paid-in capital section. Journalize and post treasury stock transactions, and prepare stockholders’ equitysection. Journalize and post transactions, prepare stockholders’ equity section. Journalize and post stock transactions, and prepare stockholders’ equity section. Prepare stockholders’ equity section. Prepare entries for stock transactions and prepare stockholders’ equity section. Journalize stock transactions, post, and prepare paid-in capital section. Journalize and post treasury stocktransactions, and prepare stockholders’ equity section. Journalize and post transactions, prepare stockholders’ equity section. Journalize and post stock transactions, and prepare stockholders’ equity section. Prepare stockholders’ equity section. Prepare entries for stock transactions and prepare stockholders’ equity section.

2A

Moderate

30–40

3A

Moderate

40–50

4A

Moderate30–40

5A 6A

Simple Moderate

20–30 20–30

1B

Simple

30–40

2B

Moderate

30–40

3B

Complex

40–50

4B

Moderate

30–40

5B 6B

Simple Moderate

20–30 20–30

13-2

Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems
Knowledge Q13-4 BE13-1 E13-1 E13-2 Q13-6 Q13-8 Q13-9 Q13-10 Q13-11 Q13-12 E13-13 Q13-7BE13-3 BE13-4 BE13-5 E13-3 E13-4 E13-5 E13-6 E13-11 E13-13 P13-1A P13-3A P13-4A P13-6A P13-1B P13-3B P13-4B P13-6B Q13-11 BE13-2 Q13-14 P13-3A Q13-15 P13-4A P13-3B P13-4B Q13-1 Q13-2 Q13-3 Comprehension Application Analysis Synthesis Evaluation

Study Objective

1.

Identify the major characteristics of a corporation.

2.

Q13-5 Differentiate between paid-in capital and retained E13-2earnings.

BLOOM’S TAXONOMY TABLE

3.

Record the issuance of common stock.

4.

Explain the accounting for treasury stock.

Q13-13 Q13-14 Q13-15

13-3
Q13-16 E13-13 BE13-7 E13-5 E13-9 E13-10 E13-11 BE13-8 E13-9 E13-12 E13-13 E13-14 P13-1A BE13-9 E13-16 E13-13 P13-1A P13-3A P13-4A P13-6A P13-2A P13-3A P13-4A P13-5A P13-6A P13-1B Q13-19 E13-13 E13-15 Q13-17 Q13-18

E13-13 Q13-7 BE13-6E13-5 E13-7 E13-8 E13-11 P13-2B E13-13 P13-3B P13-2A P13-6B P13-3A P13-6A P13-1B P13-3B P13-4B P13-6B P13-2B P13-3B P13-4B P13-5B P13-6B

5.

Differentiate preferred stock from common stock.

6.

Prepare a stockholders’ equity section.

7.

Compute book value per share.

Broadening Your Perspective

Decision Making Financial Reporting Comparative Analysis Across the OrganizationExploring the Web

Communication Ethics Case All About You

ANSWERS TO QUESTIONS
1. (a) Separate legal existence. A corporation is separate and distinct from its owners and it acts in its own name rather than in the name of its stockholders. In contrast to a partnership, the acts of the owners (stockholders) do not bind the corporation unless the owners are duly appointed agents of the...