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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 4: Organization and Operation of Corporations
  5. Question
    If Shares Are Issued for Non-Cash Assets,the Assets Are Always
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If Shares Are Issued for Non-Cash Assets,the Assets Are Always

Question 4

Question 4

True/False

If shares are issued for non-cash assets,the assets are always recorded at the current market value of the shares.

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