A main accounting issue for property, plant and equipment is * The cost of property, plant and equipment Testing property, plant and equipment for impairment Accounting for repairs and improvements to property, plant and equipment Disposal of property, plant and equipment All of these Buying shares in a corporation is attractive to investors because Shareholders are not liable for the corporation's actions and debts. Shares are easily transferred. A corporation has unlimited life. Shareholders are not agents of the corporation. All of these answers are correct. A dividend preference for preferred shares means that* Preferred shareholders are allocated their dividends before any dividends are allocated to common shareholders Preferred shareholders are guaranteed dividend Dividends are paid quarterly Only preferred shareholders will receive dividends All of these Bruce Corporation 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 debit to Common Shares for $8,000 A debit to Land for $8,000 A credit to Land for $184,000 A credit to Common Shares for $184,000 A debit to Common Shares for $184,000