Noncash consideration should be
A)recognized on the basis of fair value of what is given up.
B)recognized on the basis of original cost paid by customer.
C)recognized on the basis of fair value of what is received.
D)recognized on the basis of fair value of equivalent goods or services.

Question

Quizplus · Accepted Answer

The Answer of Noncash consideration should be
A)recognized on the basis of fair value of what is given up.
B)recognized on the basis of original cost paid by customer.
C)recognized on the basis of fair value of what is received.
D)recognized on the basis of fair value of equivalent goods or services.

Noncash Consideration Should Be