Match each of the following stockholders' equity concepts to the most appropriate term (a-h).
-The account used to record the difference when issue price exceeds par value of stock
A)Authorized shares
B)Issued shares
C)Outstanding shares
D)Par value
E)Common stock
F)Preferred stock
G)Paid-In Capital in Excess of Par
H)Transfer agent

Question

Quizplus · Accepted Answer

Paid-In Capital in Excess of Par is the account used to record the difference when the issue price of a stock exceeds its par value.

Match Each of the Following Stockholders' Equity Concepts to the Most