Corporation has only common stock

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Reference no: EM13965022

If a corporation has only common stock outstanding, which of the following constitutes legal capital at a particular date?

a. The amount in the Common Stock account.

b. The sum of the Common Stock account and any additional paid-in capital.

c. The total amount of stockholders' equity.

d. The sum of the Common Stock account and retained earnings

Reference no: EM13965022

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