Principles of Accounting | 10003 Question 31 Vernon Company reported the following-Common stock $5 par 200,000 shares authorized, 90,000 shares issued and Not yet weed Outstanding. What is the effect of issuing 2.000 shares of common stock in exchange for land valued by a ronitor at are 200 $35,000 it the common stock sels for $12 per share and is regularly traded? P Paso Select one: A. The Land account increases by $24.000 B. Petained Earnings decreases by $10,000 C. Common Stock Increases by 536.000 D. Additional Paid In Capital Common increases by $24,000 Cuestion 32 helyet Market out of 200 Witam Inc. Houd ton year, 6%, $200,000 bonds paying interest on an annual basis at a $10.000 premium. Which one of the following statements is true? Select one: A Wiliam's annual interest expense on the bonds will be greater than the amount of interest payments 10 bondholders each year Willam's annual interest expense on the bonds will be less than the amount of interest payments to bondholders each year o William will receive $190,000 as the issue price D. The cash paid to bondholders will be $1,000 each interest period Gun 33 Art A new company issues 2,000 shares of $5 per common stock in exchange for the services of a wyor during its first month of business. The lawyer's normalt is 515,000 for similar work. Which of the following would be the impact on the accounting oquation if the stock is not currently trading? Mundo 2.00 Yas.no Selecione De CON F10 A % 5 & 7 8 1 0 9 dere