On April 10, a company acquired land in exchange for 2,500 shares of $23 par common stock with a current market price of $70. Required: Journalize this transaction

Date           Details                                                             Debit               Credit

April 10,  Land                                                                 $175,000

               Common Stock                                                                       $57,500

               Paid-In Capital in excess of Par - Common                        $117,500

               Stock

Step-by-step explanation:

Land = 2,500 * 70

= $175,000

Common Stock = 2,500 * 23

= $57,500

Paid-In Capital = 175,000 - 57,500

= $117,500

c.

step-by-step explanation:

she should of added 9^2 and 12^2. that is because it is a^2+b^2=c^2. c^2 is the hypotenuse and should always be bigger than the other two numbers. which is why she should of added 9 squared and 12 squared together instead of 15 squared.

the answer is 2/54

step-by-step explanation: