Paid-in Capital
  ★Concept:
  The amount of stockholder's equity that stockholders have contributed to the corporation. Also called contributed capital.
  ★Tips:
  1.Paid-in capital is the amount the stockholders have invested in the corporation. The basic component of paid-in capital is common stock. Paid-in capital includes the stock accounts and any additional paid-in capital.
  2.Assets=Liabilities+ Paid-in Capital + Retained Earnings
  ★Sample:
  【single selection】Use the following account balances of Casio Co. at March 31,20X7.
  Dividends Payable …………………………………… $22,000
  Preferred Stock,$100 par ……………………………  100,000
  Paid-in Capital in Excess of Par-
  Common …………………………………………    45,000
  Cash ………………………………………………      74,000
  Common Stock,$1 par ……………………………     180,000
  Retained Earnings ……………………………………   200,000
  Casio's total paid-in capital at March 31,20X7, is(  )
  A.$495,000
  B.$1,175,000
  C. $680,000
  D. Some other amount___
  Answer: D :$325,000
  Explanation:total paid-in capital=$100,000+$45,000+$180,000=$325,000