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in company exchanges assets to acquire a Duniaing the market pnce of the Smith stock on the exchange date was 34 per share and the

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in company exchanges assets to acquire a Duniaing the market pnce of the Smith stock on the exchange date was 34 per share and the bunding S DOOK lue on the books of the seller was $206.000 hich of the following journal entries is correct for Smith Company when Smith issues 10.600 shares of 525 par value common stock and pays $20,600 cash in change for the building Multiple Choice 444,60 Bung Cash Common stock Additional paid in capital 20,600 265.000 150,000 Bodine Cash Con stock 20,600 424,000 235,600 Building Cash Common stock 20,600 265.000 466,600 Bullin Comen stock

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