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Technical note
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Reference no. UVA-C-2476
Published by: Darden Business Publishing
Originally published in: 2024
Version: 26 February 2024
Revision date: 17-Dec-2024

Abstract

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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Abstract

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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