The Discount on Common Stock Account Reflects

Multiple Choice

The Discount on Common Stock account reflects:

A) The difference between the par value of stock and its issue price when the issue price is below par value.
B) One share's portion of the issued corporation's net assets recorded in its accounts.
C) The difference between the par value of the stock and the amount contributed by stockholders when the amount contributed is more than par value.
D) An amount of assets defined by state law that stockholders must invest and leave invested in a corporation.
E) The amount a corporation must pay in addition to dividends in arrears if and when it exercises its right to retire a share of callable preferred stock.