Question 2 (2 points) Share issue costs refer to the costs of obtaining the legal,...
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Accounting
Question 2 (2 points) Share issue costs refer to the costs of obtaining the legal, promotional, and accounting services necessary to effect the sale of shares. The costs reduce the net cash proceeds from selling the shares and thus paid-in capital-excess of par, and are O recorded as a prepaid asset None of the answers listed here are correct. not recorded separately as an expense recorded as a liability amortized over time
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