Goto Section: 32.4510 | 32.4530 | Table of Contents

FCC 32.4520
Revised as of October 1, 2014
Goto Year:2013 | 2015
§ 32.4520   Additional paid-in capital.

   (a) This account shall include the difference between the net proceeds
   (including discount, premium and stock issuance expense) received from
   the issuance of capital stock and the amount includable in Account
   4510, Capital Stock, unless such difference results in a debit balance
   for that class of stock, in which case the amount shall be charged to
   Account 4550, Retained Earnings.

   (b) This account shall also include gains arising from the retirement
   and cancellation of capital stock. Losses from the retirement and
   cancellation of capital stock shall be charged to this account to the
   extent that there exist credits in this account for the same class of
   stock; otherwise to Account 4550.

   return arrow Back to Top


Goto Section: 32.4510 | 32.4530

Goto Year: 2013 | 2015
CiteFind - See documents on FCC website that cite this rule

Want to support this service?
Thanks!

Report errors in this rule. Since these rules are converted to HTML by machine, it's possible errors have been made. Please help us improve these rules by clicking the Report FCC Rule Errors link to report an error.
hallikainen.com
Helping make public information public