会计学原理英文课件11.pptVIP

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Accounting for Cash Dividends - dividend dates Declaration date Board of directors declares the dividend. Record a liability. X Date of Record Stockholders holding shares on this date willreceive the dividend. (No entry) Accounting for Cash Dividends - dividend dates Date of Payment Record the dividend payment to stockholders. Accounting for Cash Dividends - dividend dates Learning Objectives Discuss the purpose of stock dividends, stock splits, and report transactions. Distribution of additional sharesof stock to stockholders. No change in total stockholders’ equity. All stockholders retain same percentage ownership. No change in par values. Accounting for Stock Dividends (股票红利) Stock dividend 25% Stock Dividends Stock dividend = 25% Record at currentmarket valueof stock. Record atpar valueof stock. Small Large Dr: R.E. Cr: C.S. Capital in excess of par. Dr: R.E. Cr: C.S. Stock Dividend On May 1, Outback issued stock dividend equal to 100% of the outstanding shares. Just before the stock dividend, it has 100,000 shares of common stock with par value $10 each. Stock splits change the par value per share, but the total par value is unchanged. Ice Cream Parlor Banana Splits On Sale Now Example: 2-for-1 stock split. Stock Splits(股票分割) Assume that a corporation had 3,000shares of $2 par value common stockoutstanding before a 2–for–1 stock split. Stock Splits Increase Decrease No Change Stock Splits Assume that a corporation had 3,000shares of $2 par value common stockoutstanding before a 2–for–1 stock split. Accounting for Stock Splits 1. No journal entry required, disclosure required 2. Par value per share is reduced 3. Total number of shares outstanding increases 4. Common stock (recorded amount) is not affected 5. R/E is not affected Stock dividends vs. stock splits Learning Objectives Analyze the dividend yield ratio. Dividend Yield Ratio