Author Question: Paid-in capital in excess of par represents a firm's book value received from the original sale of ... (Read 211 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
Paid-in capital in excess of par represents a firm's book value received from the original sale of common stock.
 
  Indicate whether the statement is true or false

Question 2

The common stock entry in balance sheet is the par value of common stock.
 
  Indicate whether the statement is true or false



mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

For a complete list of videos, visit our video library