Business, 06.12.2019 23:31, SanaiHardrick
Knowledge check 05 on january 15, pinkney, inc., issued 10,000 shares of $10 par value common stock in exchange for land and a building. five years ago, the stockholder purchased the land for $40,000 and constructed the building at a cost of $90,000. at the time of the stock issuance, the land and the building had fair market values of $45,000 and $95,000, respectively. complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus.
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Knowledge check 05 on january 15, pinkney, inc., issued 10,000 shares of $10 par value common stock...
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