Under IFRS, the amount of capital received in excess of par value would be credited to: (a)

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Under IFRS, the amount of capital received in excess of par value would be credited to:

(a) Retained Earnings.

(b) Contributed Capital.

(c) Share Premium.

(d) Par value is not used under IFRS.

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

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Question Posted: Feb 27, 2024 03:03 AM

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Under IFRS, the amount of capital received in excess of par value would be credited to: (a)

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Financial Accounting

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