Which of the following should be reported for capital stock?
A)The shares authorized
B)The shares issued
C)The shares outstanding
D)All of these

Question

Quizplus · Accepted Answer

All of these should be reported for capital stock. 
- Shares authorized refer to the maximum number of shares that a corporation is allowed to issue, as stated in its articles of incorporation. 
- Shares issued refer to the number of shares that have actually been issued to shareholders. 
- Shares outstanding refer to the number of shares that are currently held by shareholders and not repurchased by the corporation.

Which of the Following Should Be Reported for Capital Stock