ples of Accounting | 10003 to 11 yet Vernon Company reported the following: Common stock, 65 par. 200,000 shares authorized 50,000 shares issued and outstanding. What is the effect of issuing 2.000 shares of common stock in exchange for land valued by a realtor at $36,000 it the common stock sets for 512 per share and is regularly traded? 200 questo Select one: A. The Land account increases by $24.000 B Retained Earnings decreases by $10,000 C. Common Stock Increases by $36,000 D. Additional Paid In Capital Coromon Increases by $24,000 Question 12 u bonds are sevedot 100, this means that Select one A a 31000 bond sold for $102. B. the bonds sold at a discount Ca 100 bond told for $1,020 D. the bondate of interest is 102% of the market rate of interest Question 13 in Company pold out more in dividends that are in net income to the lifetime of the company then there should be a Sciedt one A increase in the common stock account Increase in the end tam account decrease in the Common Stock account Date Retained in account Q14 Acew.com 2.000 shares of womechange for the services of a lawyer during its first month of business. They om 515.000 forward Wich of the following we met on the accounting equation is toch is not trading