Q2-52. The journal entry to record the receipt of land and a building and issuance of ordinary

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Q2-52. The journal entry to record the receipt of land and a building and issuance of ordinary shares

a. debits Share Capital and credits Land and Building.

b. debits Land and Building and credits Share Capital.

c. debits Land and credits Share Capital.

d. debits Land, Building, and Share Capital.

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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Question Posted: Jul 25, 2024 09:02 AM

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Q2-52. The journal entry to record the receipt of land and a building and issuance of ordinary

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Financial Accounting International Financial Reporting Standards Global Edition

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