Business, 19.01.2021 18:50 alexcute965

Coronado Company obtained land by issuing 3,370 shares of its $20 par value common stock. The land was recently appraised at $172,760. The common stock is actively traded at $50 per share. Prepare the journal entry to record the acquisition of the land.

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Coronado Company obtained land by issuing 3,370 shares of its $20 par value common stock. The land w...

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