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On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 24,000 shares of $10 par common stock with a

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On November 23, Elder Lift Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 24,000 shares of $10 par common stock with a current market price of $18. Journalize the entry to record the transaction. If an amount box does not require an entry, leave it blank

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