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Please get the correct answer and show the solution in good accounting form. Thank you! 1. On October 17, 2021, LILAC Corporation exchanged 20,000 shares

Please get the correct answer and show the solution in good accounting form. Thank you! 1. On October 17, 2021, LILAC Corporation exchanged 20,000 shares of its ?200 par value stock for land. A f...

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