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A corporation issued 6,000 shares of its 52 par value common stock in exchange for land that has a market value of $94000. The entry

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A corporation issued 6,000 shares of its 52 par value common stock in exchange for land that has a market value of $94000. The entry to recort this transaculdade Multiple Choice Acredit to Land for $12.000 Adebit to Common Stock for $12,000 A credit to Paid in Capital in Excess of Par Value. Common Sirock for $72.000 o Adebt to Land for $12,000 A credit to Common Stock for $84.000 30 401

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