Which of the following does not represent a description of shares of stock presented on the balance sheet?
A)Authorized shares.
B)Issued shares.
C)Outstanding shares.
D)Contributed shares.

Question

Quizplus · Accepted Answer

"Contributed shares" is not a typical term used to describe shares of stock on a balance sheet. The other options are commonly used: 
- "Authorized shares" refers to the total number of shares that a company is allowed to issue under its articles of incorporation. 
- "Issued shares" represents the total number of shares that have been sold or distributed to investors. 
- "Outstanding shares" refers to the total number of shares that are currently held by investors and are available for trading on the market.

Which of the Following Does Not Represent a Description of Shares