Additional paid-in surplus account


The 2009 balance sheet of Anna's Tennis Shop, Inc., showed $430,000 in the common stock account and $2.6 million in the additional paid-in surplus account. The 2010 balance sheet showed $450,000 and $3.05 million in the same two accounts, respectively. The company paid out $385,000 in cash dividends during 2010.

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Accounting Basics: Additional paid-in surplus account
Reference No:- TGS049789

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