1. Issued 10 shares of $ 2 par value stock at a price of $ 10 a share.

2. When par value stock is issued, the Capital Stock account is credited with the par value of the shares issued, regardless of whether the issuance price is more or less than par.

3. Non par value stock is not allowed in China as there must be a specified par value .

4. By analyzing the system of the company capital raising fund as well as its lawmaking, companies can issue publicly its stocks by means of "no par value stock".

5. These differences are called premium and discount, respectively, for par value stock. However, shares are rarely issued at a discount.