It is not easy to decide from the entries in the accounts-book who was responsible for ensuring that each person received the commons to which he was entitled, and for keeping proper records to show that he had received it. Another household book, maintained by group of people at Tattershall Castle in Lincolnshire for sixteen weeks during the Autumn of 1447 and the Spring of 1448, shows that in 1476, a caterer was responsible for marketing and for providing food and other supplies for a lady and her household who were then living at the castle II, at Tattershall in 1447- 1448, there was a caterer with similar duties. From the way the accounts-book was kept, it appears that each week the caterer was expected to provide sufficient food to cover the meal allowances of the "communarii" and to meet emergencies, such as feeding casual visitors and people present for single meals and for part of the week. He divided his supplies into two categories, larder goods and store goods. Larder goods appear to include fresh fish, dairy produce, bread, and meat. And store goods include salted fish, oatmeal, spices, candles, fuel. Having put a money value to his purchases and drawings from stocks, the caterer added the separate items and compared the result with the total for meal allowances due to the company present during that week.

This article discusses the nature and treatment of dividends under a entity concept of corporate residual equity. It was hypothesized that the main objective of the corporation after its inception is to survive, and that the corporation strives to maintain both economic and financial competence in implementing this objective. It was argued that the only significant representation made by the corporation in soliciting stockholders' capital contributions was its agreement to pay dividends when and if declared, and that capital thus contributed becomes the corporation's equity. It was advanced that the treatment of several persistent problems in corporation accounting might be rendered more consistent if the nature of corporate residual equity as thus analyzed were accepted. The corporation, in soliciting stockholders' capital contributions, agrees to pay dividends when and if declared. This suggests that both the timing and the amount of dividends are at the corporation's discretion, and that stockholders cannot force the corporation to pay dividends even though earnings are ample.