At the date of the financial statements, the number of common shares issued shall exceed...

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Accounting

At the date of the financial statements, the number of common shares issued shall exceed that of the shares outstanding as a result of:

a. the declaration of a division or fractionation of shares (stock split).

b. the declaration of a dividend in shares (stock dividend).

c. the purchase of portfolio shares (treasury stock).

d. the payment of bonds payable

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