What is the appropriate treatment of any fees or commissions, Accounting Basics

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What is the appropriate treatment of any fees or commissions

Response to the following questions:

1. Stanzel Corp. purchased 1,000 shares of IBM common stock. What will determine whether the shares are classified as current assets or noncurrent assets?

2. What is the appropriate treatment of any fees or commissions paid to purchase stock in another company?

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Accounting Basics: What is the appropriate treatment of any fees or commissions

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Accounting Basics: What is the appropriate treatment of any fees or commissions

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