Accountancy, asked by mohamed28, 1 year ago

what is additional capital?



Answers

Answered by Rohit65k0935Me
6

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★ADDICTIONAL CAPITAL ★

Additional Paid In Capital (APIC) is the value of share capital above its stated par value and is an accounting item under Shareholders' Equity on the balance sheet.

APIC can be created whenever a company issues new shares and can be reduced when a company repurchases its shares.

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