When the equity shares are issued for noncash consideration, the share capital is recorded at an amount equal to the following in which order of priority Group of answer choices a. Fair value of shares issued – Fair value of the noncash consideration received – Par value of the shares issued. b. Fair value of noncash consideration received – Fair value of shares issued – Par value of the shares issued. c. Par value of the shares issued – Fair value of noncash consideration received – Fair value of shares issued. d. Fair value of shares issued – Par value of shares issued – Fair value of noncash consideration received.

When the equity shares are issued for noncash consideration, the share capital is recorded at an amount equal to the following in which order of priority Group of answer choices a. Fair value of shares issued – Fair value of the noncash consideration received – Par value of the shares issued. b. Fair value of noncash consideration received – Fair value of shares issued – Par value of the shares issued. c. Par value of the shares issued – Fair value of noncash consideration received – Fair value of shares issued. d. Fair value of shares issued – Par value of shares issued – Fair value of noncash consideration received.

Name: 14. When the equity shares are issued for noncash consideration, the s
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Description: 14. When the equity shares are issued for noncash consideration, the share capital is recorded at an amount equal to the following in which order of priorityGroup of answer choicesa. Fair value of shares issued – Fair value of the noncash considerati

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 4MC: Par value of a stock refers to the ________. A. issue price of a stock B. value assigned by the...

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