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Shyamsunder (talk | contribs) added Category:Financial capital using HotCat |
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This is called Additional paid in capital in US GAAP terminology but, additional paid in capital is not limited to share premium. It is a very broad concept and includes tax related and conversion related adjustments.
Taken together, common stock (and sometimes preferred stock) issued and paid (plus capital surplus) represent the total amount actually paid by investors for shares when issued (assuming no subsequent adjustments or changes).
Shares for which there is no par value will generally not have any form of capital surplus on the balance sheet; all funds from issuing shares will be credited to common stock issued.
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===Share premium reserve account===
According to Companies Act 2006 s.610<ref>[http://www.legislation.gov.uk/ukpga/2006/46/section/610 Companies Act 2006 s610 (United Kingdom)]</ref> in the United Kingdom the share premium account may be put only to certain specified uses.
Under companies ordinance 1984 (Nepal) s.84:<ref>[http://www.pcp.org.pk/PDF/Comp_Ord1984.pdf companies ordinance 1984 (iNDIA)] {{webarchive |url=https://web.archive.org/web/20070212073203/http://www.pcp.org.pk/PDF/Comp_Ord1984.pdf |date=February 12, 2007 }}</ref>
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