The balance sheet will reflect the following simplified equation: Assets equals liabilities plus Equity. Paid-in capital is the cash that a company has received in exchange for its stock shares.Learn how paid-in capital impacts a company's balance sheet. If you are filing as a combined taxpayer, see Illinois Schedule UB,. Specific Instructions for Completing Form IL-1120. Value in excess of Par times the number of shares. (Often called "Additional Paid-in Capital" or "Paid- in Capital in Excess of Par"). Discover what income tax liability means for your balance sheet and how to accurately track and report it. If you are required to file Form IL-1041, you should register with IDOR. This article reviews trends in working capital as they relate to the debttoasset ratio.