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Outstanding stock refers to the: Seleccione una: a, shares of stock that have been sold for the highest price. b. total amount of stock that has been authorized by state law. c. shares of stock that are held by the stockholders. d. total amount of stock that has not been sold yet. Paid-in capital is externally generated capital and results from transactions with outsiders. Seleccione una: a. True b. False Stockholders of a corporation are not personally liable for the corporation's debt. Seleccione una: a. False b. True Preferred stockholders receive a dividend preference over common stockholders. Seleccione una: a. True b. False Preferred stock is a stock: Seleccione una: a. that is distributed to employees of the company as a performance incentive. b. that sells for a very high price. c. that is distributed by corporations to avoid liquidation. d. that gives its owners certain benefits over common stock. Treasury stock is a contra equity account. Seleccione una: : a. False b. True Preferred stockholders receive a dividend preference over common stockholders. Seleccione una: a. True b. False Treasury stock is recorded at cost without reference to par value. Seleccione una: a. False b. True A corporation originally Issued $5 par value common stock for $6 per share. Which of the following would be included in the entry to record the purchase of 300 shares of treasury stock for $10 per share? Seleccione una: a. Treasury Stock-Common would be debited for $1,500. b. Treasury Stock-Common would be credited for $1,800. c. Treasury Stock-Common would be debited for $3,000. d. Retained Earnings would be debited for $1,500

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