Questions and Answers
What does capital surplus represent on a corporation's balance sheet?
Amount raised on the issue of shares in excess of their par value
In US GAAP terminology, what is the equivalent term for 'share premium'?
Additional paid in capital
What does 'additional paid in capital' include, according to the text?
Tax related and conversion related adjustments
When will shares with no par value generally not have any form of capital surplus on the balance sheet?
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What triggers a capital surplus on a corporation's balance sheet?
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