tyraharris6781 tyraharris6781
  • 02-01-2021
  • Business
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If common stock is issued in exchange for land, it would be reported:___________

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chikara249
chikara249 chikara249
  • 02-01-2021

Answer:

when a common stock is issued in the exchange for land, the land should be recorded in the accounts at the par value of the stock issued.

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