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estion 15 Not yet answered Marked out of 4.00 P Flag question cko Inc. received equipment valued at $40,000 and a building valued at $200,000
estion 15 Not yet answered Marked out of 4.00 P Flag question cko Inc. received equipment valued at $40,000 and a building valued at $200,000 in exchange for 4,500 shares of $32par value common stock and $50,000 cash. The entry to record this transaction would ude ct one: a. Credit to Common Stock for $190,000 b. Credit to Additional Paid in Capital for $ 46,000 c. Credit to Retained Earnings for $46,000 d. Credit to Additional Paid in Capital for $ 190,000
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