Explain the account Paid-In Capital in Excess of Par Value as it relates to exchange of stock
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Explain the account Paid-In Capital in Excess of Par Value as it relates to exchange of stock for noncash assets.
Par ValuePar value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...
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Related Book For 
College Accounting A Practical Approach
ISBN: 9780134729312
14th Edition
Authors: Jeffrey Slater, Mike Deschamps
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