"Capital surplus" would be credited with the excess received over par value for shares issued by the corporation.
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Q22: A corporation may purchase its own shares
Q23: The earned surplus test for the issuance
Q24: When a corporation issues no par value
Q25: Earned surplus would include undistributed profits, income,
Q26: The board of directors may issue bonds
Q28: The board of directors of Case Corporation
Q29: Shares without par value may be issued
Q30: A stock split results in a larger
Q31: Debt securities represent an ownership interest in
Q32: Even if it has been lawfully and
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