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What would the entry to record the transaction

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Question 1: Bruce Corporation issued 8,000 common shares in exchange for land that has a fair market value of $184,000. The entry to record this transaction would include

Multiple Choice

Option a: A credit to Common Shares for $184,000

Option b: A debit to Land for $8,000

Option c: A debit to Common Shares for $184,000

Option d: A debit to Common Shares for $8,000

Option e: A credit to Land for $184,000

Reference no: EM132495424

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