1. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-1 Starting a Corporation

2. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 11-1 3 1.Nature of business. 2.Types of stock authorized. 3.Initial directors. ARTICLES OF INCORPORATION page 315 1 2

3. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 11-1 1.Names of incorporators. 2.Signatures of incorporators. ARTICLES OF INCORPORATION page 316 1 2

4. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 11-1 STOCK CERTIFICATES page 317

5. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 11-1 1.Write the date. 2.Enter the account title. 3.Record the receipt numbers. 4.Write the credit amount. 5.Write the debit amount. TRANSACTIONS INCURRED WHEN STARTING A CORPORATION page 319 12345

6. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 6 LESSON 11-1 ORGANIZATION COSTS OF A CORPORATION page 320

7. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 7 LESSON 11-1 TERMS REVIEW corporation board of directors articles of incorporation charter common stock preferred stock stock certificate par value par-value stock no-par-value stock stated-value stock organization costs page 322