Question

When a corporation issues its capital stock in payment for services, the least appropriate basis for recording the transaction is the market value of the shares issued. market value of the services received. the market value of the services received or the market value of the share issues. par value of the shares issued.

Answer 1

Answer:

par value of the shares issued.

Explanation:

In the case when the corporation issued the capital stock with regard to the service payment so the least & appropriate basis for recording the above transaction would be the par value of the shares issued as it would leads to the excess payment

Therefore according to the given situation the last option is right