If Common Stock Is Issued for an Amount Greater Than

question 186

Multiple Choice

If common stock is issued for an amount greater than par value, the excess should be credited to

• A) Retained Earnings
• B) Cash
• C) Legal Capital
• D) Paid-In Capital in Excess of Par

---

Definitions:

Environmental Challenges

Issues and problems related to the natural environment, including pollution, climate change, deforestation, and loss of biodiversity, which require collective action and sustainable solutions.

Sociological Insights

Understandings or revelations about human society, its structure, and dynamics, derived from sociological research and theory.

Fortune Magazine

An American multinational business magazine, known for its ranked lists of companies and its in-depth financial and industry analyses.

21st Century

The current century, encompassing the years from 2001 to the present.