Which of the following represents shares of stock that will be issued upon completion of an installment purchase contract?
A)subscribed capital stock
B)outstanding capital stock
C)treasury stock
D)contracted capital stock

Question

Quizplus · Accepted Answer

Subscribed capital stock represents shares that investors have agreed to buy (subscribe to) but have not yet been issued, often in the context of installment purchase contracts. This means the company has committed to issuing these shares to the subscribers once the conditions of the subscription, such as full payment, are met.

Which of the Following Represents Shares of Stock That Will