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Which of the following are included in the total legal capital of a corporation assuming the corporation has a par value? I. Share capital accounts II. Additional paid in capital accounts II. Retained Earnings IV. Share dividends distributable *

Which of the following are included in the total legal capital of a corporation assuming the corporation has a par value? I. Share capital accounts II. Additional paid in capital accounts II. Retained Earnings IV. Share dividends distributable *

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Which of the following are included in the total legal capital of a corporation assuming the corporation has a par value? I. Share capital accounts II. Additional paid in capital accounts III. Retained Earnings IV. Share dividends distributable * O I only O I and II O I and III O I and IV
Transcribed Image Text:Which of the following are included in the total legal capital of a corporation assuming the corporation has a par value? I. Share capital accounts II. Additional paid in capital accounts III. Retained Earnings IV. Share dividends distributable * O I only O I and II O I and III O I and IV
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