chapter9 Retained Earnings.ppt

Lessonone Chapter9RetainedEarnings Chapter9RetainedEarnings Part WordsandPhrases P144 一 Glossary词汇表aggregate ri t adj 合计的cumulative kju mjul tiv adj 累积的declareddividends已宣告 发放 的股利declarationdate宣告日boardofdirectors董事会recorddate登记日paymentdate支付日stockdividend股票股利 cashdividend现金股利inproportionto按 的比例Example distributethedividendtoeachshareholderinproportiontothenumberofsharesheld percentageownership所有权比例 Part WordsandPhrases capitalizevt 资本化Example payingstockdividendsometimesiscalledcapitalizingretainedearnings split劈开 分割stocksplit股票分割appropriate pr uprieit 平常意思 合适的专业意思 vt 拨款retainedearningsappropriated拨定留存收益 已指定用途的留存收益dividendpayment支付股利footnote脚注 附注contractualobligation契约责任resolution平常意思 解决 决心 专业意思 决议statementofretainedearnings留存收益表 Part WordsandPhrases 二 AdditionalWords 1 prorata pr u reit proportionate按比例的Example Astockdividendisadistributionofthecorporation sownstockonaproratabasis 2 generaljournalentry 普通日记账分录 即分录 3 workingcapital 营运资金 Part ContentExplanation theoutlineofthePart cashdividendstockdividendTransactionEntrystocksplitappropriationContentExplanationReadingTextIntensively Part ContentExplanation 一 TransactionEntry 1 CashDividendAtthedeclarationdate Dr DividendsCr DividendsPayableAttheendofeachyear Dr RetainedEarningsCr DividendsAtthepaymentdate Dr DividendsPayableCr Cash注 Dividend账户类似于 利润分配 应付股利 RetainedEarnings类似于 利润分配 未分配利润 Part ContentExplanation 按中国企业会计准则 现金股利的分录如下 1 宣告时 借 利润分配 应付现金股利贷 应付股利 2 发放时 借 应付股利贷 现金 银行存款 2 Stockdividend Declaration Dr RetainedEarnings14000Cr StockDividendstoBeIssued10000Paid incapitalinexcessofparvalue4000Distribution Dr StockDividendstoBeIssued10000Cr CommonStock10000 按照中国企业会计准则 宣告股票股利不做账务处理 待到实际发放时 借 利润分配贷 股本资本公积 Part ContentExplanation 3 StockSplitsExample originalshares40000 originalparvalue 100 four for onestocksplit newparvalue 25 DrCommonStock 100par4000000CrCommonStock 25par4000000 Part ContentExplanation 4 AppropriateRetainedEarnings拨定留存收益anewaccounttitle RetainedEarningsAppropriatedfor Itisanowners equityaccount whichissimilartoSurplusReservesaccount盈余公积 butnotthesame Function restrictdividenddistributionstoshareholders usedinpayingdebts reinvestinfixedassets etc UnlikenesstoSurplusReservesaccount Whenanappropriationisnolongerneeded itistransferredbacktounappropriatedretainedearnings Part ContentExplanation Example willbuilda 300000warehouseafterfiveyears Makeanappropriationofretainedearningseachyearandtheamountis 60000peryear 1 Theentryforappropriationateachyearis DrRetainedEarnings60000CrRetainedEarningsAppropriatedforWarehouseConstruction60000 2 prepareaboveentryforfivetimes thusthetotalamountofappropriationis 300000 3 Iftheconstructionspendaltogether 342000 Theentriesare whenpaytheconstruction DrBuilding342000CrCash342000whenreturntheappropriation DrRetainedEarningsAppropriatedforWarehouseConstruction300000CrRetainedEarnings300000 Part ContentExplanation readP143forthiscontent Part ContentExplanation 5 StatementofRetainedEarningsP144 Exhibit9 1 Part ContentExplanation 二 ReadingTextIntensivelypreface Ask whichsentenceisthemostimportantinthisparagraph Answer the4thsentence 1 AccountingforCashDividendregularcashdividend定期支付的现金股利financegrowth为 公司 发展提供资金1 1DatesRelevanttoDividendsAsk whatisthefunctionofeachdaterelevanttodividend 1 2CashDividendTransactions Part ContentExplanation 2 AccountingforStockDividend2 1StockDividendQuestion1 Howtodistributethestockdividend the4thsentenceof1stparagraph Astockdividendisadistributionof permanentcapital 股票股利是以股东的持股比例为标准进行分配 这会使留存收益转变为永久性的资本 Question2 Whatisthedistinctivefeatureofstockdividendcomparedwithcashdividend Part ContentExplanation 2 2StockDividendTransactionthe1stsentenceof1stparagraph inaccountingforrelativelysmall paid incapitalaccounts 翻译 对于小额的股票股利 新增的股数小于原流通股数的25 会计上把新增股份按市场价值由留存收益转为投入资本 Question1 Howtopreparetheentriesaboutdistributingstockdividendthe7thlineof1stparagraph stockholdersofrecordonJun 20 指什么 在6月20日登记在册的股东 Part ContentExplanation Whatisthemeaningofthelastparagraphoftitle2 2 Answer Toillustrate assume owners equity 110000 shares10 000stockdividend10 sobookvaluedeclinesfrom 11to 10pershare Butowners equitymayincreaseto 115000 thusbookvaluepershareis 10 45 Part ContentExplanation 3 StockSplitsReadthefirstparagraph andanswertheQuestion1 whyoccurstocksplit readallthecontentofthetitle3 andanswertheQuestion2 whatistheeffectthatstocksplithaveonstockholders thelastsentenceofthesecondparagraphofthispart Thustheywouldrecord asfollows 翻译 因此 公司记录1分为4的股票分割业务 有每股面值100美元降为每股25美元 如下 更正 标题3的倒数第二段改为小体字 Torecord commonstock Part ContentExplanation 4 AppropriationsofRetainedEarningsReadthefirstparagraph andanswertheQuestion1 Whydoesthecorporationappropriateretainedearnings Readtheexampleoftitle4 andanswertheQuestion2 Howtorecordthetransactionsaboutappropriation Part ContentExplanation 5 StatementofRetainedEarningsthe2ndlineofP144 consistof 注释 consistof由 组成 其用法是用主动形式表示被动含义 readtheexhibit9 1andanswerthequestion1 WhataretheincurredamountandthebalanceofAppropriationforPlantExpansionaccount 更正错误 the2ndlineofthelastparagraphofP144 that改为逗号 注意 2005年年初的留存收益加上2005年的净利润 在留存收益表中 2005年年初的留存收益余额要减去当年宣告的现金股利和股票股利 Part Exercises DiscussionQuestions1 Answer RetainedEarningsistheaggregateamountofcorporateearningsthathasbeenreinvestedinthebusiness theansweristhe4thsentenceofthe1stparagraphofP140 2 Answer Thedeclarationdateisthedateonwhichtheboardofdirectorsdeclaresthedividend Thekeyisonthepage140 3 Answer Cashdividendisadistributionofcorporation