When a small stock dividend is declared and the market value exceeds the par or stated value of the shares, the excess of market value over par or stated value should be entered in which of the following accounts?

Question

Quizplus · Accepted Answer

The excess of market value over par or stated value represents additional paid-in capital, which should be recorded in the Paid-In Capital in Excess of Par account.

When a Small Stock Dividend Is Declared and the Market