When a Corporation Issues No-Par Stock,it Debits the Asset Received

question 131

True/False

When a corporation issues no-par stock,it debits the asset received and credits the stock account.

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Definitions:

Biofeedback Training

A method that teaches individuals to improve their health by controlling certain bodily processes that normally happen involuntarily.

Systematic Desensitization

A therapeutic method used to reduce fear or anxiety by gradually exposing the patient to the feared object or situation in a controlled manner.

Counterconditioning

A behavior therapy technique where a positive response is conditioned to replace a negative or unwanted response to a stimulus.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, whereby an association is made between a behavior and a consequence for that behavior.