WGU INTERMEDIATE ACCOUNTING II
Western Governers University
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WGU INTERMEDIATE ACCOUNTING II (D104) UNIT 6 STOCKHOLDERS’ EQUITY EXAM 2025 QUESTIONS AND ANSWERS
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---79March 20252024/2025A+
- Describe the corporate form and the issuance of shares of stock 1. The corporate charter sometimes is known as (a) a. articles of incorporation. b. statement of organization. c. by-laws. d. registration statement. 
Ans a 
Accounting Rule: the corporate form of business organization begins with the submitting of articles of incorporation to the state in which incorporation is desired. Assuming the requirements are properly fulfilled, the corporation charter is issued and the corporation is recogn...
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