Match each of the following stockholders' equity concepts to the appropriate term (a-h).
-Account used when shares are issued for an amount greater than par value
A)Cash dividend
B)Date of record
C)Stock Dividends Distributable
D)Date of declaration
E)Treasury stock
F)Preferred stock
G)Date of payment
H)Paid-In Capital in Excess of Par

Question

Quizplus · Accepted Answer

Paid-In Capital in Excess of Par is the account used to record the amount received from issuing stock that is above the par value of the shares.

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