Examlex
Which one of the following correctly pairs the structure with its major function(s) ?
Paid-In Capital
The amount of money that a company receives from shareholders in exchange for shares of stock, exceeding the par value of the shares.
Drawings
Withdrawal of cash or other assets from an unincorporated business for the personal use of the owner(s).
Authorized Shares
The maximum number of shares that a corporation is legally allowed to issue, as specified in its articles of incorporation.
Market Value
The existing cost for buying or selling an asset or service on the market.
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