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When shares of stock are issued for an intangible asset, the exchange should generally be recorded at the par or stated value of the shares
When shares of stock are issued for an intangible asset, the exchange should generally be recorded at the par or stated value of the shares issued.
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren
3rd Edition
0131800345, 978-0131800342
