§ 32.4510   Capital stock.

   (a) This account shall include the par value, stated amount, or in the case
   of  no-par  stock,  the  amount  received for capital stock issued and
   outstanding.

   (b) Subsidiary records shall be maintained so as to show separately each
   class of stock.

   (c) This account shall be charged with the book amount of any stock retired.

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