Stockholders’ Equity Section of the Balance Sheet
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ACC291-Week4GradingGuide.doc|
Stockholders’ Equity Section of the Balance Sheet Grading Guide ACC/291 Version 6 |
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Stockholders’ Equity Section of the Balance Sheet Grading Guide
ACC/291 Version 6
Principles of Accounting II
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Individual Assignment: Stockholders’ Equity Section of the Balance Sheet
Purpose of Assignment
The purpose of this assignment is to help you become familiar with examining the stockholders’ equity section of the balance sheet.
Resources Required
Financial Accounting: Tools for Business Decision Making
Grading Guide
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Content |
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Comments: |
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Answered the following questions in 1,050 words using the Lachlin Corporation Balance Sheet (partial) below: · How many shares of common stock are outstanding? · Assuming there is a stated Value, what is the stated value of the common stock? · What is the par value of the preferred stock? · If the annual dividend on preferred stock is $36,000, what is the dividend rate on preferred stock? · If dividends of $72,000 were in arrears on preferred stock, what would be the balance reported for retained earnings?
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Total Earned |
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5 |
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Writing Guidelines |
Met |
Partially Met |
Not Met |
Comments: |
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The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. |
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Intellectual property is recognized with in-text citations and a reference page. |
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Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. |
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Sentences are complete, clear, and concise. |
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Rules of grammar and usage are followed including spelling and punctuation. |
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Total Available |
Total Earned |
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3 |
#/3 |
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Assignment Total |
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8 |
#/8 |
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Additional comments:
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