Under IFRS, the amount of capital received in excess of par value on ordinary shares would be

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

(a) Retained Earnings.

(b) Contributed Capital.

(c) Share Premium—Ordinary.

(d) Par value is not used under IFRS.

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Accounting Tools For Business Decision Making

ISBN: 9780470534786

4th Edition

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

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Question Posted: Jun 10, 2024 01:20 AM

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Under IFRS, the amount of capital received in excess of par value on ordinary shares would be

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Accounting Tools For Business Decision Making

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