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Instructions On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 2,400 shares of S5 par common stock with

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Instructions On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 2,400 shares of S5 par common stock with a current market price of $34. Journalize the entry to record the transaction. Refer to the Chart of Accounts for exact wording of account titles

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