Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers

What is the best definition of Paid-in capital?

Loans made by shareholders to the company
The amount shareholders contributed to the company in exchange for the shares of common stock or preferred stock less stated par value of the securities
The excess of purchase price over asset value when a company is acquired
Assets-Liabilities=Paid-in Capital
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