Which of the following account titles would not be included in contributed capital?
A)Treasury Stock
B)Common Stock-Stated Value
C)Donated Capital
D)Premium on Preferred Stock

Question

Quizplus · Accepted Answer

Treasury Stock is a contra-equity account and is not a part of contributed capital. Contributed capital includes common stock, preferred stock, and any additional paid-in capital. Donated capital is also a form of contributed capital. Premium on preferred stock is a part of contributed capital as it represents the amount paid above the par value of the preferred stock.

Which of the Following Account Titles Would Not Be Included