Question
A company issued 8,000 common shares in exchange for land that has a fair market value of $184,000. The entry to record this transaction would
A company issued 8,000 common shares in exchange for land that has a fair market value of $184,000. The entry to record this transaction would include
| A credit to Land for $184,000 | ||
| A debit to Land for $8,000 | ||
| A credit to Common Shares for $184,000 | ||
| A debit to Common Shares for $184,000 | ||
| A debit to Common Shares for $8,000 |
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Observation And Audit Techniques For Measuring Retail Sales
Authors: Earl E. Houseman
1st Edition
0428139841, 978-0428139841
