Which of the following actions could increase the balance in the Paid-In Capital in Excess of Par-Common account?
A) cash dividend declared
B) stock split
C) 10% stock dividend declared
D) purchase of treasury stock

Question

Quizplus · Accepted Answer

A 10% stock dividend declared can increase the balance in the Paid-In Capital in Excess of Par-Common account because the company issues additional shares to shareholders, and the value exceeding the par value of these shares is recorded in this account.

Which of the Following Actions Could Increase the Balance in the Paid-In