The term deficit is used to refer to a debit balance in which of the following accounts of a corporation? Oa. Organizational Expenses Ob. Retained Earnings Oc. Treasury Stock Od. Common Stock Stockholders' equity Oa. includes paid-in capital and liabilities Ob. is usually equal to cash on hand Oc. is shown on the income statement d. includes retained earnings and paid-in capital The state charter allows a corporation to issue only a certain number of shares of each class of stock. This amount of stock is called Oa. issued stock Ob. outstanding stock c. treasury stock Od. authorized stock Which of the following is not a right possessed by common stockholders of a corporation? a. the right to vote in the election of the board of directors Ob. the right to share in assets upon liquidation Oc. the right to sell their stock to anyone they choose d. the right to receive a minimum amount of dividends