When shares are issued to a vendor in exchange of an asset (like machinery), no cash is involved. Such an issue is called 'Issue of Shares for Consideration Other Than Cash'. It is commonly used for acquiring fixed assets or taking over a business.
The process of issuing shares to a vendor in exchange of any asset is known as:
CUET UG 2022 — Accountancy Company Accounts
2022mcqeasy
The process of issuing shares to a vendor in exchange of any asset is known as:
Official previous-year question
Held on 30 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Issue of share for cash
- B
Issue of share at discount
- C
Issue of share at premium
- D
Issue of share for consideration other than cash
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