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Author Question: When verifying if capital stock is accurately recorded, (Read 108 times)

ddddddddddeeee4444

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on: Aug 21, 2022
When verifying if capital stock is accurately recorded,
◦ the ending balance in the account does not need to verified.
◦ the number of shares outstanding at the balance sheet date is verified by examining the corporate minutes.
◦ the recorded par value can be determined by multiplying the number of shares by the market price of the stock.
◦ a confirmation from the transfer agent is the simplest way to verify the number of shares outstanding at the balance sheet date.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by ddddddddddeeee4444 on Aug 21, 2022

char00char

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ddddddddddeeee4444

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

ktidd

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Reply 3 on: Yesterday
Excellent

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