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does the additional paid in capital must remain on balance sheet similar to capital stock?

susiet
Level 2

i need to reduce the equity , is it ok to lower the additional paid in capital? or is it not ok because is acts same as capital stock?

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2 Comments 2
sjrcpa
Level 15

Unless there has been a stock redemption/purchase of Treasury stock, the capital stock and additional paid in capital accounts remain the same.

Why do you "need to reduce the equity" ?


Ex-AllStar
susiet
Level 2

they took too much money. the liability/equity is lower than the asset and i need to balance between the asset and liability/equity

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