Question: When common stock is issued for services or non - cash assets, cost should be the book value of the common stock issued. only the
When common stock is issued for services or noncash assets, cost should be
the book value of the common stock issued.
only the fair value of the consideration received.
either the fair value of the consideration given up or the consideration received, whichever is more clearly evident.
only the fair value of the consideration given up
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