Under IFRS, the amount of capital received in excess of par value would be credited to: LO6

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(a) Retained Earnings.

(c) Share Premium.

(b) Contributed Capital.

(d) Par value is not used under IFRS.

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Financial Accounting

ISBN: 9781118953907

8th Edition

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

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Question Posted: Jul 08, 2024 02:06 AM

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Under IFRS, the amount of capital received in excess of par value would be credited to: LO6

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Financial Accounting

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