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If stock is issued for an asset other than cash, the asset should be recorded on the books of the corporation at the: A) fair

image text in transcribed If stock is issued for an asset other than cash, the asset should be recorded on the books of the corporation at the: A) fair market value of the stock minus the par value of the stock. B) current market value of the asset. C) par value of the stock. D) book value of the asset

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