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7) When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the Group of
7)
When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the
Group of answer choices
book value of the plant asset from the prior owner's accounting records
the cost of the plant asset when most recently purchased with cash
market price of the stock
par value of the stock
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