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Assuming all of the following are reliably determinable, the best basis to measure the non-cash asset received by a corporation in exchange for shares issued
Assuming all of the following are reliably determinable, the best basis to measure the non-cash asset received by a corporation in exchange for shares issued is the Par value of the shares issued O Fair value of the non-cash asset received Fair value of the shares issued Carrying value in the books of the shareholder of the non-cash asset contributed
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