The type of stock that does NOT carry paid-in capital in excess of par is called:

Question

Quizplus · Accepted Answer

No-par stock does not have paid-in capital in excess of par, as it has no assigned par value. Par stock has a specific par value assigned to each share, while stated value stock has a stated value that is often higher than the par value. Outstanding stock refers to the total number of shares issued by a company, regardless of their individual characteristics.

The Type of Stock That Does NOT Carry Paid-In Capital