Under IFRS, the amount of capital received in excess of par value would be credited to: (a)
Question:
Under IFRS, the amount of capital received in excess of par value would be credited to:
(a) Retained Earnings.
(c) Share Premium.
(b) Contributed Capital.
(d) Par value is not used under IFRS.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781118004234
1st Edition
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
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