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I'm having trouble with the Rockford Practice set. How should I account for this... A half acre parcel of land adjacent to the building is
I'm having trouble with the Rockford Practice set. How should I account for this... A half acre parcel of land adjacent to the building is acquired in exchange for 600 shares of unissued common stock. The land has a fair value of $54,000 and will be used immediately as an outside storage lot and parking lot
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