Entry to record the exchange problem

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Reference no: EM13148431

A corporation issued 5,000 shares of $10 par value common stock in exchange for some land with a market value of $60,000. The entry to record this exchange is ??

Reference no: EM13148431

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Entry to record the exchange problem : A corporation issued 5,000 shares of $10 par value common stock in exchange for some land with a market value of $60,000. The entry to record this exchange is ??

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