wmich of the tollowing represents the targest nuntber df common sharer par value a. T b. Issued shares Outstanding shares common shares? C. d. Authorized shares 2. Each of the tollowing is correct regarding treasury st a. issued. b. fully paid for. stock except that it has been reacquired. d. retired 3. When the selling price of treasury stock is greater than its cost, the comp credits the difference to a. Gain on Sale of Treasury Stock. b. Paid-in Capital from Treasury Stock. c. Paid-in Capital in Excess of Par Value. d. Treasury Stock 4. Owners' equity for a corporation is identfied as each of the tollowing except a. corporate capital. b. paid-in capital c. partners' equity d. stockholders' equity 5. Retained eamings a. is unique to the corporate form of business. partnership form of business. c. reflects cash paid in by stockholders to date. d. is closed at the end of the year 6. In Jan 2014, ABC Corporation, a newly formed company, issued 10000 shares of its $10 par common stock for $15 per share.On July 1, 2014, ABC corporation reacquired 1000 shares of its outstanding stock for $12 per share.The acquisition of the treasury shares a. Decrease total share holder equity b. Increase total share holder equity c. Did not change total share holder equity d. Decrease the number of issued shares. AMJAD SUR