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BE10-7 Dark Wizard Company obtained land by issuing 2,000 shares of its $10 par value common stock.

BE10-7 Dark Wizard Company obtained land by issuing 2,000 shares of its $10 par value common stock.
The land was recently appraised at $85,000. The common stock is actively traded at $41 per share. Prepare
the journal entry to record the acquisition of the land


 ashhadiqbal
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 be10-7.xlsx (8KB)  
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