INVENTORY LOAN is a loan that is extended based upon the, usually, discounted / factored value of a business inventory.
PURCHASE MONEY MORTGAGE (PMM) is seller financing as a part of the purchase price.
PREMIUM ON CAPITAL STOCK is excess received over the par value of stock issued. The premium account is shown under the paid-in capital section of stockholders equity because it resulted from the issuance of stock. It is not an income statement account since the company earns profit by selling goods and services to outsiders, not by issuing shares of stock to owners.
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