When common and preferred shares are issued for a consideration other than cash (for example, goods or

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When common and preferred shares are issued for a consideration other than cash (for example, goods or services), at what value should the shares be recorded for a publicly traded company using IFRS? Would your answer change if it were a private company using ASPE?
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Related Book For  answer-question

Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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