Examlex
Which of the following would appear on the balance sheet?
Legal Capital
The portion of a company's capital, represented by the par value of its issued shares, that cannot legally be distributed to shareholders as dividends.
Contributed Capital
Contributed Capital, also known as paid-in capital, refers to the amount of money raised by a company through the sale of its equity shares.
Premium on Common Stock
The amount by which the sale price of a share of common stock exceeds its par value.
Organization Expense
Costs incurred in the creation and organization of a corporation, such as legal fees, that may be amortized over time.
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