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1

Accounting Free Tutorials: Stockholders' Equity (3)

http://bestaccountingtutorial.blogspot.com/2010/01/stockholders-equity-3.html

This is All About Accounting Free Tutorials. 160;Sunday, January 24, 2010. Is a gift of assets to a company, usually by state or local governments, typically to induce a business to relocate to their jurisdiction. Donated Capital belongs to the Common Stockholders, unless otherwise stated in stockholders' agreements. When calculating part g, you will use the CALL price of preferred stock. When a non-cash transaction occurs, we have to take a market value approach, and we try to identify the part of the t...

2

Accounting Free Tutorials: Example Stockholders' Equity

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This is All About Accounting Free Tutorials. 160;Sunday, January 24, 2010. Investor analysis of financial statements. Example: Analysis of an Equity Section of a Balance Sheet. Stockholders' Equity and Paid in Capital. The post closing year-end balance sheet of Technical Services, Inc. includes the following stockholders’ equity section (with certain details omitted):. 6% cumulative preferred stock, $100 par value, callable at $102, 100,000 shares authorized. Additional paid-in capital: Common stock.

3

Accounting Free Tutorials: Inventories and Cost of Goods Sold (2)

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This is All About Accounting Free Tutorials. Inventories and Cost of Goods Sold (2). 160;Tuesday, January 5, 2010. For instance, a grocery store will buy only the amount of milk it can sell in a week. Because milk spoils quickly, the store will buy small amounts each week, and make sure the milk it has for sale is the freshest milk available. Let's now picture a clothing store. There are basically 4 clothing seasons: Winter, Spring, Summer and Autumn. There is a line of clothing for each season&#...At on...

4

Accounting Free Tutorials: Inventories and Cost of Goods Sold (3)

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This is All About Accounting Free Tutorials. Inventories and Cost of Goods Sold (3). 160;Monday, January 11, 2010. Using the Periodic system. If you use a Periodic inventory system, you value your inventory only once a year - at the end of the year! So the job is fairly easy, and you should have little problem making the calculation. You apply a cost flow assumption once at the end of the year, and it pertains only to the physical merchandise still on hand at the end of the year. Let's say a company uses...

5

Accounting Free Tutorials: Inventories and Cost of Goods Sold (1)

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This is All About Accounting Free Tutorials. Inventories and Cost of Goods Sold (1). 160;Sunday, January 3, 2010. There are several important points, or events, in the life on an inventory item. The company must first order and buy the item. It then holds the item on a shelf or warehouse, until a customer wants to but the item. Once the item is sold, the cost is transferred to COGS. So the three important times in an item's life are buying. Selling Price of Item X. Less: Cost of Item X. Inventory at Dece...

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