The excess of the par value of a company’s shares over the amount for what for which they are issued to the public is called? by Sunday | Aug 19 | Accounting WAEC | 0 comments A. discount B. profit C. loss D. premium E. reserve Correct Answer: Option D – premium Users Also Read These:A public company has an authorized capital of 60,000…Shares are sold at less than nominal value. They are…When shares are sold at less than the nominal value,…The debenture issued at par above the nominal value…The nominal value of share of a public limited…