The effect on the accounting equation of issuing stock at higher than its par value is a) increase asset, decrease liabilities, increase equity b) increase assets, liabilities, and equity O c) increase assets and equity d) increase asset, increase liabilities, decrease equity Question 8 (1 point) Outstanding stock refers to the a) shares of stock that are sold for the highest price b) shares of stock that are held by the stockholders O c) total amount of stock that has not been sold yet d) total amount of stock that has been authorized by state law MacBook Pro