Which of these statements is false? (a) Ownership of common stock gives the owner a voting right..

Question:

Which of these statements is false?

(a) Ownership of common stock gives the owner a voting right..

(b) The stockholders' equity section begins with paid-in capital.

(c) The authorization of capital stock does not result in a formal accounting entry.

(d) Legal capital per share applies to par value stock but not to no-par value stock.

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Muhammad Salman Alvi

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