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A company purchased machinery by issuing 2.000 shares of $3 par value common stock. Since the company is new,thentis no established market price How would

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A company purchased machinery by issuing 2.000 shares of $3 par value common stock. Since the company is new,thentis no established market price How would the company record the transaction? O. At the fair market value of the machine Ob. Recording the transaction would be postponed until market price for the stock could be determined Oc. At de cost recorded by the previous owner of the machine Od. In terms of the per value of the stock issued Previous Ned

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