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  3. Study Set
    Fundamental Financial Accounting Concepts Study Set 2
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    Exam 11: Proprietorships, Partnerships, and Corporations
  5. Question
    When the Common Stock Account Is Disclosed on the Balance
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When the Common Stock Account Is Disclosed on the Balance

Question 63

Question 63

Multiple Choice

When the Common Stock account is disclosed on the balance sheet, it is reported at:


A) current market value
B) average issue price
C) lower of cost or market
D) par or stated value

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