Paid in Capital Journal Entry Examples, Concepts, Illustrations, Sample Help Online
looking for Paid in Capital Journal Entry Examples, Concepts, illustrations and calculations to do your assignments, homework or project then you are at the correct place.
Meaning of Paid in Capital
Paid in Capital is that amount of capital paid in by the investors at the time of issuance of stock. It is the fund raised by the business from equity. It may be at par or above the par value. Paid in capital is shown in the balance sheet.
Services We Offer
Services Provided for Accounting
Accounting always put student on worries and stress. But with Assignment Consultancy for your help, you can remove all your worries by going through our various services:-
- Financial Accounting Homework Help
- Accounting Assignment Help Online
- Financial Accounting Assignment Help
- Managerial Accounting Homework Help
- Do my accounting Homework
- Accounting Case Study Assignment Help
- Finance accounting case studies assignment help
- Taxation homework help
- US tax codes homework help
- Advance Accounting homework help
- Cost Management Homework Help
- Australian Taxation Assignment help
- Ratio analysis assignment help
- Accountancy online exam help
- Accounts online exam help
Features for Accounting Assignment Help Services
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.
Best Customer Service
Our customer representatives are working 24X7 to assist you in all your assignment needs. You can drop a mail to email@example.com or chat with our representative using live chat shown in bottom right corner.
Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.
All our works are kept as confidential as we respect the integrity and privacy of our clients.
Most of our clients are from UK, USA, Australia, Canada , UAE, New Zealand, Doha, Qatar, Muscat, Netherlands, France, Italy, Great Britain, Singapore, Malaysia looking for quality and accurate solutions.
Yash Batra, Student , UK University
“Great Experts to provide real time Accounts help services. They are just best in their approach”
Reham Fayad, Student MBA, USA
“They have some of the best USA experts to provide Accounts help online and also help me in my online exams.”
Graham Golith, Lancashire University, UK
“Best place to get all help in Accounts Essay and Exams. Will definitely recommend to all”
Paid in Capital Journal Entry Examples Explanation
Understanding the concept of paid in capital with the help of an example
Example1: Suppose the business firm, which is authorized to issue 10,000 shares of common stock without par value, issues at stated value $20 per share to its stock. It also issues the 10,000 shares for cash at $ 23 per share. The journal entry to record this transaction is
Cash (10,000 shares x $23 per share) Dr. $250000
Common Stock, $20 stated value
(10,000 shares x $20 stated value per share) $200,000
Paid-In Capital in Excess of Stated Value
Common (230,000 cash – 200,000stated) $30,000
Example2: suppose the owners of a piece of land contracts with a business firm the piece of land in exchange for 1,000 shares of $12 par value common stock. The market value of land is $14,000. The required journal entry is
Land Dr. $14,000
Common Stock, $12 par (1,000 shares x $12 par) $12,000
Paid-In Capital in Excess of Par Value—Common Stock
(14,000 market value – 12,000 par) $2,000
If you are looking for similar Paid in Capital Journal Entry Examples type assignments, click here . You can visit us for more examples here.