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When shares are redeemed at an amount more than their assigned value, any difference is first allocated to gain on share redemption. C par value
When shares are redeemed at an amount more than their assigned value, any difference is first allocated to gain on share redemption. C par value of shares. C contributed surplus. C retained earnings.
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Survey of Accounting
Authors: Thomas P. Edmonds, Frances M. McNair, Philip R. Olds, Bor Yi
3rd Edition
978-1259683794, 77490835, 1259683796, 9780077490836, 978-0078110856
