Identify characteristics of corporations and organization


Discussion Post: Principles of Accounting

• Identify characteristics of corporations and their organization

• Explain characteristics of, and distribute dividens between common and preferred stock.

• Explain the items reported in retained earnings.

o The organization takes care of all the corporations problems. The corporation is the who company.

o The common stock is when a corporation only have one class of stock. The preferred stock gives the corporation control over the common stock.

o The retained earnings show the net income of the company that is not to be given to it's stockholders.

The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.

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Accounting Basics: Identify characteristics of corporations and organization
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