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Accounting for Owners’ Equity

Lynch, Luann J., B...

Technical Note

Accounting for Owners’ Equity

Lynch, Luann J.; Benazzo, Jack

C-2476 | Published February 26, 2024 | 10 pages Technical Note

Collection: Darden School of Business

Product Details

This technical note provides an overview of accounting for owners’ equity. It discusses the concepts of common stock and preferred stock, as well as authorized, issued, and outstanding shares. It covers the accounting for issuances of stock, repurchases of stock (treasury stock), capital stock and additional paid in capital, and dividends. It touches briefly on comprehensive income and earnings per share.

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