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A company purchased a building with a market value of $100,000. Instead of paying cash for the building, the company gave 5,000 shares of its

A company purchased a building with a market value of $100,000. Instead of paying cash for the building, the company gave 5,000 shares of its own stock to the building seller. The companys stock has a market value of $20 per share.

What is the journals entry?

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