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On November 23, Elder Lit Corporation, a wholosaler of hydraulic lifs, acquired land in exchange for 2,200 shares of $5 par common stock with a

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On November 23, Elder Lit Corporation, a wholosaler of hydraulic lifs, acquired land in exchange for 2,200 shares of $5 par common stock with a current market price of \$21. Journalize the entry to record the transaction. Reler to the Chart of Accounts for exact wording of account fitles

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