The balance sheet caption for common stock is:
Common stock, $10 par value, 14,000,000 shares authorized, 11,400,000 shares issued, 11,000,000 shares outstanding.
(a.)Calculate the dollar amount that will be presented opposite of this caption.
(b.)Calculate the total amount of a cash dividend of $1.00 per share.
(c.)What accounts for the difference between issued shares and outstanding shares?

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The Answer of The balance sheet caption for common stock is:
Common stock, $10 par value, 14,000,000 shares authorized, 11,400,000 shares issued, 11,000,000 shares outstanding.
(a.)Calculate the dollar amount that will be presented opposite of this caption.
(b.)Calculate the total amount of a cash dividend of $1.00 per share.
(c.)What accounts for the difference between issued shares and outstanding shares?

The Balance Sheet Caption for Common Stock Is