The excess of issue price over par of common stock is termed a(n)

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The excess of issue price over par of common stock

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Answer

A. 4. Premium

B.3. Paid-in capital in excess of par will be credited for $
66,000

C. 3. Credit to paid-in capital in excess of par for $
51,000

D. $ 8,800 ( 40,000 x 2% x $ 11)


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