Which of the following amounts should be disclosed in the stockholders' equity section of the balance sheet?
A) the number of shares of common stock outstanding
B) the number of shares of common stock issued
C) the number of shares of common stock authorized
D) all of these

Question

Quizplus · Accepted Answer

All three items, the number of shares of common stock outstanding, issued, and authorized, are important information related to stockholders' equity and should be disclosed in the balance sheet. The number of shares authorized refers to the maximum number of shares that a corporation can issue, while the number of issued shares refers to the actual number of shares that have been sold to shareholders. The number of outstanding shares refers to the number of shares that are currently held by shareholders.

Which of the Following Amounts Should Be Disclosed in the Stockholders