Assertion: common stock's par value | /r/CapableOf | amount on the balance sheet
Facets:
value: to collect registration fees
type: PURPOSE
Source sentences:
text: Par value is primarily used by accountants to establish “paid-in capital” and “additional paid-in capital” amounts on the balance sheet and regulators to collect registration fees and taxes.
text: Par value is primarily used by accountants to establish “paid-in capital” and “additional paid-in capital” amounts on the balance sheet and regulators to collect registration fees and taxes.