"Capital surplus" would be credited with the excess received over par value for shares issued by the corporation.

Name: "Capital surplus" would be credited with the excess received over par value for shares issued by the corporation.
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Capital surplus, also known as additional paid-in capital, is credited when a corporation issues shares at a price above their par value, representing the excess received over the nominal value of the shares.

"Capital Surplus" Would Be Credited with the Excess Received Over