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.

(c) Share Premium.

(b) Contributed Capital.

(d) Par value is not used under IFRS.

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Financial And Managerial Accounting

ISBN: 9781118004234

1st Edition

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

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Question Posted: Feb 15, 2024 09:00 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 And Managerial Accounting

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