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XYZ Inc. issued 6,000 shares of its $10 par value common stock in exchange for land that has a market value of 504300 The y
XYZ Inc. issued 6,000 shares of its $10 par value common stock in exchange for land that has a market value of 504300 The y would include OA. A debit to Land for $60,000 OB. A debit to Common Stock for $60,000. OC. A credit to Land for $60,000. OD. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $24,000 points
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