Homework Answers
Correct Answer:
|
date |
General Journal |
Debit |
Credit |
|
10-Apr |
Land |
$ 73,000.00 |
|
|
Common stock |
$ 20,000.00 |
||
|
paid in capital in excess of par account |
$ 53,000.00 |
||
|
(To record purchase of Land by issuing common stock Par value $20 |
|||
End of answer.
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