Title: Module 1 Introduction: (CU4 M1) Paid-in Capital and Retained Earnings
Course: SkillsCom BA 211 15.0 > Section: Credit Unit 4 Module 1

This Module focuses on the stockholders’ equity section of the balance sheet. It begins by discussing how a corporation is formed along with the definitions of the articles of incorporation, capital stock, and the corporate charter. In addition, the two classes of stock, common and preferred, are defined. Next, the chapter covers the treatment of cash dividends. This is followed by a discussion about accounting for stock dividends and stock splits. Then, the definitions of treasury stock, listing the benefits of purchasing treasury stock, and a discussion on treasury stock basics are covered. Finally, the reporting of stockholders' equity on the balance sheet is discussed.

Module Outcomes:

- Understand the interrelationship of accounting to other areas of business.
- Have familiarity with generally accepted accounting principles.
- Interpret the effect of business transaction on the accounting system.