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On April 5 , Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 2 5 , 0 0 0 shares of $

On April 5, Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 25,000 shares of $20 par common stock valued at $24.
Journalize the entry to record the transaction.
For a compound transaction, if an amount box does not require an entry, leave it blank.

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