Paid-in capital in excess of par is reported:
A. As a reduction of shareholders' equity.
B. As a noncurrent asset.
C. As a noncurrent liability.
D. As an increase in shareholders' equity.
Answer: D
Paid-in capital in excess of par is reported:
A. As a reduction of shareholders' equity.
B. As a noncurrent asset.
C. As a noncurrent liability.
D. As an increase in shareholders' equity.
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