Authorized stock is the number of shares that have been sold to investors.Authorized stock is the total number of shares available to sell,stated in the company's articles of incorporation.Issued stock is the number of shares that have been sold to investors.
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Q3: We usually record preferred stock as equity
Q4: A corporation has limited liability and attracting
Q5: Limited liability means that even in the
Q6: Outstanding stock is the number of shares
Q7: Paid-in Capital is the amount stockholders have
Q9: Owners in a sole proprietorship or a
Q10: Par value has a direct relationship to
Q11: A company credits Additional Paid-in Capital for
Q12: Retained Earnings is the amount stockholders have
Q13: Cumulative preferred stock means that dividends accumulate
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