q6

Question 6 1 points XYZ Inc. issued 6.000 shares of its $10 par value common stock in exchange for land that has a market value of $84,000. The entry to record this transaction would include: a A Acredit to Land for $60.000. B. A debt to Common Stock for $60.000. OCA credit to Paid-in Capital in Excess of Par Value, Common Stock for $24,000. D. A debt to Land for S60,000