Legislative findings and declaration regarding laws of this State governing incorporation and internal affairs of domestic corporations and directors. A cash disbursements journal is where you record your cash (or check) paid-out transactions.Use Schedule C (Form 1040) to report income or (loss) from a business you operated or a profession you practiced as a sole proprietor. Our FAQs for entity formations will help you better understand the key questions to ask to make sure you are protected properly. A decrease in the value of an investment or capital asset from its purchase price. Capital Stock, See "Stock" and "Authorized Stock. (a) Conviction of a felony in the State of Nevada or any other state, territory or nation. Apportionment formulas. Business income is apportioned using one of these formulas: Single-sales factor; Three-factor. In accounting, capital stock is one part of the equity section on a balance sheet.