The effect of corporate action on Balance sheet is:
Stock Split: The number of shares outstanding increases.
The face value of stock decreases(Equals Value divided by the stock split factor)
No Cash Comes to the company.
Retained Earnings and Share Capital remains the same
Bonus Issue: The number of shares outstanding increases.
The face value of shares remains same
No cash comes to the company
Share capital and paid up capital increases but retained earnings
decrease.
In partnership balance sheet capital of all partners is shown while in corporate balance sheet capital of all share holders is shown.
major subdivisions of the stockholders' equity section of a corporate balance sheet
closing stock will increase current assets in Balance sheet
Other current liabilities
Income statement and balance sheet are both related to each other as transactions effect income statement and balance sheet as well and net income or loss from income statement is also part of balance sheet.
In partnership balance sheet capital of all partners is shown while in corporate balance sheet capital of all share holders is shown.
There is only one difference that in proprietor balance sheet there is only owner's capital while in corporate balance sheet there is share holders capital as well.
major subdivisions of the stockholders' equity section of a corporate balance sheet
closing stock will increase current assets in Balance sheet
Equity.
yes
Other current liabilities
Income statement and balance sheet are both related to each other as transactions effect income statement and balance sheet as well and net income or loss from income statement is also part of balance sheet.
Loan is on balance sheet
In off-balance sheet financing assets are not shown in balance sheet while in balance sheet financing fixed assets shown in balance sheet.
When you report revenue, you will either increase cash or accounts receivable on the balance sheet depending on whether the cash was collected when earned.
Dividends appear in Balance Sheet and Cash flow Statements (CFS). In Balance Sheet they will have an effect on Cash and Retained Earnings, while in CFS they will reflect on the cash transactions.