The shares a corporation sells to investors is called: Authorized Shares Outstanding Shares Treasury Shares Issued Shares 2 pts D Question 2 National Insurance Company has 300,000 shares authorized, 195,000 shares issued, and 22,000 shares of treasury stock. The number of shares outstanding is: 195,000 22,000 300,000 173,000 Giannis Company has 100,000 shares of $10 par value common stock outstanding. Giannis declares a 15% stock dividend on July 1 when the stock's market value is $30 per share. The stock dividend is distributed on July 20. The journal entry for the declaration of the stock dividend is: dr. Retained Earnings 450,000, cr. Common Stock Distributable 300,000, cr. Additional Paid-In Capital 150,000 dr. Cash 450,000, cr. Common Stock Distributable 150,000, cr. Additional Paid-In Capital 300,000 dr. Retained Earnings 450,000, cr. Common Stock Distributable 150,000, cr. Additional Paid-In Capital 300,000 dr. Retained Earnings 450,000, cr. Treasury Stock 150,000, cr. Additional Paid-In Capital 300,000 Question 4 2 pts Davis Enterprises has 188,000 shares of $5 par value common stock outstanding. Davis declares a 35% stock dividend on March 2 when the stock's market value is $69 per share. The journal entry for the declaration of the stock dividend is: dr. Retained Earnings 329,000, cr. Common Stock Distributable 329,000 dr. Common Stock Distributable 329,000, cr. Retained Earnings 329,000 dr. Retained Earnings 4,540,200, cr. Common Stock Distributable 4,540,200 dr. Cash 4,540,200, cr. Common Stock 4,540,200