The difference between the total amount invested by the owners and the par value or stated value of the stock issued.

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a. Accumulated depreciation b. Balance sheet c. Accrued liabilities d. Current assets e. Current liabilities f. Merchandise inventory g. Revenues h. Expenses i. Gains j. Losses k. Net sales 1. Cost of goods sold m. Gross profit n. Income from operations o. Net income p. Earnings per share of common stock q. Paid-in capital r. Common stock s. Additional paid-in capital t. Retained earnings u. Dividends v. Par value w. Going concern concept x. Matching concept y. Accrual concept z. Opportunity cost aa. Annual report bb. Income statement