Contributed capital includes ________.
A)only capital stock
B)only additional paid-in capital
C)both capital stock and retained earnings
D)both capital stock and additional paid-in capital

Question

Quizplus · Accepted Answer

Contributed capital includes both capital stock and additional paid-in capital. Capital stock represents the par value of the stock issued, while additional paid-in capital represents the amount received in excess of par value. Retained earnings, on the other hand, are not considered as part of contributed capital.

Contributed Capital Includes ________