The record of the issuance and repurchase of capital stock for the life of the corporation is maintained in the
A) shareholders' capital stock master file.
B) capital stock certificate record.
C) schedule of stock owners.
D) corporate directory.

Question

Quizplus · Accepted Answer

The record of the issuance and repurchase of capital stock is maintained in the capital stock certificate record. This record keeps track of the number of shares issued, their value, and the holders' names. The other options provided are not directly related to the record-keeping of capital stock issuance and repurchase.

The Record of the Issuance and Repurchase of Capital Stock