If stock is issued for assets other than cash, how is the transaction recorded?

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Question Posted: Apr 03, 2015 10:19 AM

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If stock is issued for assets other than cash, how is the transaction recorded?

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The transaction is recorded at the market value of ...View the full answer

Horngrens Financial and Managerial Accounting

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