ABC Ltd acquires a piece of XYZ Ltd's land using the following instruments:

Cash: $300,000

Equipment in exchange: the historical cost is $150,000 with accumulated depreciation of $50,000. The fair value is $80,000.

Capital issuing: ABC Ltd issued 200,000 shares to XYZ Ltd at a price of $1 per share.

Other costs attributable to the acquisition, paid in cash: $50,000

Journalise the acquisition for ABC Ltd.