Additional paid-in capital is most likely to appear on the balance sheet of a corporation that:
A)has par value stock.
B)has no-par value stock.
C)has issued stock at different dates.
D)has issued stock dividends.

Question

Quizplus · Accepted Answer

Additional paid-in capital is the excess of the amount received from the sale of stock over the par value of the stock. Corporations with par value stock are required to have an additional paid-in capital account.

Additional Paid-In Capital Is Most Likely to Appear on the Balance