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q4...5 pls answer both pls Question 4 The total number of stock that a corporation's charter allows it to issue is referred to as. D

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q4...5 pls answer both pls

Question 4 The total number of stock that a corporation's charter allows it to issue is referred to as. D A Authorized Stock. 3. Issued stock. O c. Outstanding stock. D. Preferred stock. Question 5 XYZ Inc. issued 6,000 shares of its $10 par value common stock in exchange for land that has a market value of $84 000. The entry to record this transaction would include O A A credit to Paid-in Capital in Excess of Par Value Common Stock for $24 000 OB. A debit to Land for $60,000 OC A credit to Land for $60,000. O D. A debit to Common Stock for $60,000

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