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    Principles of Financial Accounting Study Set 1
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    Exam 13: Introduction to Corporations
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    When Shares Are Issued for Services or Non-Cash Assets, the Shares
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When Shares Are Issued for Services or Non-Cash Assets, the Shares

Question 63

Question 63

True/False

When shares are issued for services or non-cash assets, the shares should be recorded at the fair value of the services or noncash assets.

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