《上海会计》１９９８年第８期刊登郑红霞的文章《发行股票的手续费应冲减资本公积》，该文认为这种手续费不论股票按面值发行还是溢价发行，均应冲减资本公积。笔者认为文中所持观点不妥。按面值发行股票的手续费应作递延资产处理，理由是：１．股票发行可按原价、溢价，... “Shanghai Accounting” 1998 eighth issue Zheng Hongxia article “the issuing of stock fees should offset the capital reserve”, the article that the fee regardless of the issue of shares issued by par value or premium, should offset the capital reserve . I think the article held by the wrong viewpoint. The fee for issuing shares at par should be treated as a deferred asset for the following reasons: 1. Stock issuance can be original price, premium, ...