The journal entry to record the receipt of land and a building and issuance of ordinary shares
Question:
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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Related Book For
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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