CHAPTER 13 HANDOUT Corporations: Organization‚ Capital Stock Transactions and Dividends Copyright protected: Janice Stoudemire‚ CPA Certain material used with permission of South-Western Publishing HOW DO YOU ACCOUNT FOR ORGANIZATION COSTS? Example: A company incorporates on 9/1/08 and incurs organization expenses of $4‚000 attorney fees‚ $3‚000 accounting fees‚ and $3‚000 stock printing costs. •Journal entry required on 9/1/08
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The Red Convertible is a story about the ups and downs of brotherly love. The way that the author presents the story is rather unique he uses the red convertible as a symbol of rebirth and death repeatedly throughout the story. The rebirth and death of the car match with actions taking place with the two brothers‚ Henry and Lyman. One would think that since Henry and Lyman both worked so hard that they would have a car. Lyman says‚ "Don’t ask me why‚ because we never mentioned a car or anything
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in it. It is said that when a man returns home from war he is forever changed. The short story ’The Red Convertible’ by Louise Erdrich depicts the story of two Native American brothers‚ Lyman and his older brother Henry narrated by Lyman‚ it starts with Lyman has received a large insurance check after a tornado destroyed his restaurant‚ two brother used that money to purchase an old convertible car tougher and decide to have a road trip crossing all around the country. They spend really good time
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convertible infant car seat‚ also known as an infant-toddler car seat‚ is one that can be used for both newborn infants as well as larger toddlers. Purchasing a convertible seat can save you money as it is the only seat you will have to purchase for your infant and toddler. If you already own an infant only seat‚ buying a convertible infant car seat will allow you to keep your young child in the rear facing position longer than transitioning to a toddler seat. For newborns and small infants‚ you
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In Louise Erdrich’s “The Red Convertible” Lyman Lamartine tells his story about his brother Henry‚ and the red convertible‚ showing them joy but also heartache. Henry and Lyman are Native American and live in Chippewa. Lyman narrates the story and explains how he and his brother spot the red convertible one day walking down Portage‚ and are fortuitous enough to have money to purchase it. The brother’s then start out on a summer adventure‚ driving place to place eventually leading them to Alaska after
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October 1st‚ 2012 Symbolism in the Red Convertible In writing‚ authors use symbolism to relay a deeper meaning to what they actually write. This technique captures important elements and gives the reader an idea of the theme of the story without the author directly telling them. Louise Erdrich uses symbolism to help emphasize and reveal the themes and message of her stories. “The Red Convertible‚” by Erdrich‚ is a story about brotherly love as the highest value between two brothers‚ Lyman and Henry
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Investing in Stocks and Bonds Stocks and Bonds are different in many ways. A stock is a portion or share of the ownership of a corporation. A share will give the owner of the stock the company’s profits or loses over time. The good thing about stocks is they can be sold at almost any time as long as there is someone willing to buy. A bond‚ on the other hand‚ is a fixed interest financial asset issued by governments‚ companies‚ banks‚ and other large entities. Bonds also are called funds.
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Interview questions for capital market & NSE What is capital Market? Capital market is a market of securities. Where a company and government raise long term funds. it is a market where money invested more them one year. In this we include the stock market and bond market Definition of ’Debt’ An amount of money borrowed by one party from another. Many corporations/individuals use debt as a method for making large purchases that they could not afford under normal circumstances. A debt arrangement
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Term paper on ESOP Submitted by Hitesh.K.R (1pi11mba59) Finance Cohart 1 What is an ESOP? ESOP stands for Employee Stock Ownership Plan and is an employee benefit plan which makes the employees owners of stock in that company. An ESOP is required by law to invest primarily in the stock of the sponsoring employer. An ESOP is a qualified defined contribution plan and is similar to profit sharing plans. The employer can use it as a conduit for borrowing money from a bank or other
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the Corning–Vitro Joint Venture Vitro is a Mexican glass manufacturer located in Monterrey‚ Mexico. Vitro’s product line concentrates on drinkware but includes dozens of products‚ from automobile windshields to washing machines. Vitro has a long history of successful joint ventures and is globally oriented. Corning Inc. is most famous for its oven-ready glassware; however‚ Corning has diversified into fiber optics‚ environmental products‚ and laboratory services. Like Vitro‚ Corning has
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