When a company issues and sells shares at a price higher than the original issue price,the difference is considered contributed surplus.
BT: Comprehension

Name: When a company issues and sells shares at a price higher than the original issue price,the difference is considered contributed surplus. BT: Comprehension
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Quizplus · Accepted Answer

This statement is true. Contributed surplus refers to the excess amount received by a company for issuing and selling shares at a price higher than the original issue price.

When a Company Issues and Sells Shares at a Price