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2 DH:28-11 A premium on stock Occurs when a corporation sells its stock for more than par or stated value. Is the difference between par

2 DH:28-11 A premium on stock Occurs when a corporation sells its stock for more than par or stated value. Is the difference between par value and Issue price when the amount paid is below par. Represents revenue from Issuing stock. is listed as a gain on the income statement. is prohibited in most states. Help

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