Corporations sometimes issue their own capital stock in exchange for services and various assets other than cash.

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Corporations sometimes issue their own capital stock in exchange for services and various assets other than cash. As an auditor, what evidence would you look for to determine the propriety of the values used in recording such transactions?

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Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Question Posted: Oct 27, 2014 04:59 AM

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Corporations sometimes issue their own capital stock in exchange for services and various assets other than cash.

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When assets other than cash are received for capital s...View the full answer

Principles of Auditing and Other Assurance Services

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