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Which of the following best describes the degrees of freedom for the calculation of variance?
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An amount due from subscribers for shares in common stock, which has not yet been paid.
Subscription Receivable-common Stock
An amount due from subscribers who have agreed to purchase common stock but have not yet paid.
Common Stock Subscribed
An agreement by investors to purchase common stock, where the stock is not immediately issued but is promised for future issuance.
Installment
A portion of a debt or loan that is paid at regular intervals, usually monthly, as part of a payment plan.
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