If Shares Are Issued as Part of the Consideration Paid

Multiple Choice

If shares are issued as part of the consideration paid, transactions costs such as brokerage fees may be incurred. Under AASB 3/IFRS 3 Business Combinations, the appropriate accounting treatment for such costs in the records of the acquirer is a debit to:

A) cash.
B) investments.
C) share capital.
D) acquisition expenses.