When stock traded on an active exchange is issued for a PP&E: Paid-in capital is increased by
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Question:
When stock traded on an active exchange is issued for a PP&E:
Paid-in capital is increased by the appraised value of the PP&E.
An asset is recorded for the fair value of the stock.
An asset is recorded for the appraised value of the PP&E.
No entry is recorded until restrictions are lifted.
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