Paid-in Capital in Excess of Par Value
a. is credited when no-par stock does not have a stated value.b. is reported as part of paid-in capital on the balance sheet.
c. represents the amount of legal capital.
d. normally has a debit balance.
Paid-in Capital in Excess of Par Value
b. is reported as part of paid-in capital on the balance sheet.
c. represents the amount of legal capital.
d. normally has a debit balance.