Which of the following entities would have a paid-in capital in excess of par (or stated) value account in the equity section of the balance sheet?

Question

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Only a corporation would have a paid-in capital in excess of par (or stated) value account in the equity section of the balance sheet. This account represents the amount of capital that shareholders have contributed to the company that is in excess of the par or stated value of the company's stock. Since corporations issue stock, they are the only entity in the given options that would have this account.

Which of the Following Entities Would Have a Paid-In Capital