1. What are the two major components of stockholders’ equity? Which accounts generally appear in…

1. What are the two major components of stockholders’ equity? Which accounts generally appear in…

1. What are the two major components of stockholders’ equity? Which accounts generally appear in each component?

2. Corporations disclose the number of shares authorized, issued, and outstanding. What is the meaning of each of those terms? What causes a difference between the number of shares issued and the number outstanding?

 

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