Par value of stock (also called “face value” or “stated value”), which is established before it is issued.
For example, if a company issues 2,000 shares of Common Stock with par value of $15 per share and sells them at $20, it would record Common Stock of $30,000 and Additional Paid-In Capital (v2832.00) of $10,000. You can use this account to forecast additions to and reductions of common equity in forecast periods.