Mews Corporation has the following information reported on the balance sheet as of December 31,2014: Based on the information above,how many shares of common stock have been issued?

Question

Mews Corporation has the following information reported on the balance sheet as of December 31,2014:  Based on the information above,how many shares of common stock have been issued?

Quizplus · Accepted Answer

The number of shares of common stock issued is reported in the stockholders' equity section of the balance sheet under "Common Stock". The balance sheet shows that there are 7,000 shares of common stock outstanding, which means that 7,000 shares have been issued.

Mews Corporation Has the Following Information Reported on the Balance