ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 357
d. an increase in current liabilities for the current portion and
long-term liabilities for the long-term portion.
47. At the date of the financial statements, common stock
shares issued would exceed common stock shares outstanding as
a result of the
a. declaration of a stock split.
b. declaration of a stock dividend.
c. purchase of treasury stock.