Information disclosed in a balance sheet about shares of common stock includes the number of shares that are:
A)Authorized and Issued.
B)Issued and Outstanding.
C)Authorized,Issued,and Outstanding.
D)Authorized,Issued,Outstanding,and Not Outstanding.

Question

Quizplus · Accepted Answer

The balance sheet typically discloses the number of shares that are authorized, issued, and outstanding. This provides a complete picture of the company's equity structure, including the total number of shares it is allowed to issue (authorized), the number of shares it has actually issued (issued), and the number of shares currently held by shareholders (outstanding).

Information Disclosed in a Balance Sheet About Shares of Common