Question

The balance sheet for Ronlad Corporation reported 184,000 shares outstanding, 274,000 shares authorized, and 10,000 shares in treasury stock. How many shares have been issued?

Answer 1

Answer:

284,000 shares

Explanation:

The calculation of the issued shares is shown below:

= Outstanding shares + treasury stock

= 274,000 shares + 10,000 shares ]

= 284,000 shares

Simply we added the outstanding shares and the treasury stock so that the correct amount can come.

It shows a combination of the outstanding shares and the treasury stock and we did the same