Based on the material covered this week and last week answer the following two questions.  Be sure to number your answers to align with the numbering of each question below, and provide a page reference in the textbook for both answers.

1) Provide a few sentences to briefly describe one concept that you felt confident you understand?

2) Provide a few sentences to briefly describe one concept you are having difficulty understanding. Do your best to pinpoint what part of the concept is unclear?

We will be starting  this week. The focus of this chapter is on stockholders' equity transactions and how stockholders' equity is presented in the balance sheet. This includes how to account for the issuance of common stock and preferred stock, cash dividends, and the purchase and sale of treasury stock?

Answer rating: 100% (QA)

1 One concept that I felt confident I understand is the accounting treatment of stock issuances Stoc... View the full answer