Which of the following could be used as account titles to refer to the owners paying more than the par value for a company's common stock? 1. paid- in capital
2) additional paid- in capital
3) capital in excess of par value of stock
4) capital surplus
A) 1, 2, 3, and 4
B) 1, 2, and 3
C) only 2
D) 2 and 3

Question

Quizplus · Accepted Answer

All the options listed (paid-in capital, additional paid-in capital, capital in excess of par value of stock, and capital surplus) can be used to refer to the amount paid by shareholders over the par value of the stock.

Which of the Following Could Be Used as Account Titles