The amount in the common stock account the sum of the, Financial Accounting

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The amount in the common stock account the sum of the

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.

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Financial Accounting: The amount in the common stock account the sum of the

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