Business, 21.04.2020 17:29 lillianradecki
On December 2, 2018, Eshares, Inc. purchases land. In payment for the land. Eshares. Inc. issues 10,000 shares of common stock with $10 00 par value. The land has been appraised at a market value of $500.000. Which of the following is included in the journal entry to record this transaction? A. debit Cash $500,000 B. credit Common Stock-$10.00 Par Value for $100.000 and credit Paid-In Capital in Excess of Par-Common $400000C. $1000 Par Value for S100 000 and debit Paid-In Capital in Excess of Par debit omm on Stock -Common $400,000 D. credit Common Stock--$10 00 Par Value for $500,000
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On December 2, 2018, Eshares, Inc. purchases land. In payment for the land. Eshares. Inc. issues 10,...
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