Which of the following is the second priority in the valuation of shares issued for services received?Par Value of sharesFV of servicesBillings on servicesFV of shares

Par value shares is important in determining the value of shares issued for services received and…

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Business

Accounting

second priority in the valuation of shares

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter16: Retained Earnings And Earnings Per Share

Section: Chapter Questions

Problem 15GI

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Which of the following is the second priority in the valuation of shares issued for services received?

Par Value of shares
FV of services
Billings on services
FV of shares

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