The journal entry to record the receipt of land and a building and issuance of ordinary shares

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The journal entry to record the receipt of land and a building and issuance of ordinary shares

a. debits Land and credits Share Capital.

b. debits Land and Building and credits Share Capital.

c. debits Land, Building, and Share Capital.

d. debits Share Capital and credits Land and Building.

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Financial Accounting International Financial Reporting Standards

ISBN: 9780273777809

1st Global Edition

Authors: Walter T Harrison, Charles Horngren, Bill Thomas, Themin Suwardy

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