If an intangible asset is acquired in exchange for share of the reporting enterprise, the asset is
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If an intangible asset is acquired in exchange for share of the reporting enterprise, the asset is recorded :
A. At the fair value of the intangible asset
B. At the fair value of the shares issued
C. At the fair value of the intangible asset or at the fair value of the shares issued, which is more clearly evident
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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