When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the

When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the

When a plant asset is acquired by issuance of common stock, the cost of the plant asset is properly measured by the




a. par value of the stock.
b. stated value of the stock.
c. book value of the stock.
d. fair value of the stock.




Answer: D