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of shares bring the stotus of shares back into d Authontzed but unissued shares 8. Ordinary no par shares to high taxes d. All of

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of shares bring the stotus of shares back into d Authontzed but unissued shares 8. Ordinary no par shares to high taxes d. All of the above o If treasury stock is resold at price less than purchase and company has no balance in share premium from treaury the difference to price of treasury stoc stock, then a. Common stock b. Preferred stock c. Treasury stock d. Retained eanings 10. The general rule to be applied when stock is issued for services or p other than cash is that the property or services be recorded at a. the fair market value of the stock issued b. the fair market value ot the non-cash consideration received c. either the fair market value of the stock issued or the ftair marke the non-cash consideration received, whichever is mor determinable d. a value that clearly reflects the intentions of the parties enter transaction and provides a relevant basis for recording

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