A corporation issued 180,000 common shares in exchange for land that has a fair market value of $2,300,000. The entry to

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A corporation issued 180,000 common shares in exchange for land that has a fair market value of $2,300,000. The entry to

Post by answerhappygod »

A Corporation Issued 180 000 Common Shares In Exchange For Land That Has A Fair Market Value Of 2 300 000 The Entry To 1
A Corporation Issued 180 000 Common Shares In Exchange For Land That Has A Fair Market Value Of 2 300 000 The Entry To 1 (31.22 KiB) Viewed 9 times
A corporation issued 180,000 common shares in exchange for land that has a fair market value of $2,300,000. The entry to record this transaction would include A credit to Land for $180,000 A debit to Land for $180,000 A debit to Common Shares for $2,300,000 A credit to Common Shares for $2,300,000
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”