4 1 point JohnCo issues 10,000 shares of $1 par common stock in exchange for land valued at $35,000. The journal entry includes: a debit to land for 10,000 a credit to common stock for 10,000 a debit to cash for 35,000 a credit to land for 35,000 5 1 point common stock dividend distributable is a (n): contra equity asset liability stock equity 6 1 point a large stock dividend is greater than 25% of the issued and outstanding shares of common stock O True O False