ew Bookmarks Window 4 A corporation issued 7300 shares of $10 par value common stock in exchange tor some land with a market value of $112.000 The entry to record this exchange is Debit Land 312,000, crede Comman Stock $71,000, credt Paid-Is Capitel in Excess of Par Value, Common Stock Ditt Land 32,000credt Comman Stock S112.000 Detst Land $71000 credit Common Stpck $71.000