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A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,000. The entry
A corporation issued 6,000 shares of its $2 par value common stock in exchange for land that has a market value of $84,000. The entry to record this transaction would include:
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Managerial Accounting
Authors: Karen W. Braun, Wendy M. Tietz
5th edition
134128524, 978-0134128528
