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1- The following data were reported by a corporation: Authorized shares 20,000 Issued shares 15,000 Treasury shares 3,000 ______________What is the number of outstanding shares?

1- The following data were reported by a corporation:

Authorized shares

20,000

Issued shares

15,000

Treasury shares

3,000

______________What is the number of outstanding shares?

2-

Purchasing 500 shares of treasury stock would be

A. An asset source B. An asset use C. An asset exchange D. A claims exchange

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