Organizational expenditures include all of the following except for

Name: Organizational expenditures include all of the following except for
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

Costs incurred when issuing stock are considered stock issuance costs, not organizational expenditures. Organizational expenditures are costs incurred in the process of creating a corporation, such as legal fees and fees paid to the state of incorporation. Expenses of organizational meetings may also be considered organizational expenditures.

Organizational Expenditures Include All of the Following Except for