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The Purchase of Land for a Combination of Cash and Issuance

Question 51

Multiple Choice

The purchase of land for a combination of cash and issuance of shares would require which of the following entries?


A) Dr.Land, Cr.Common shares, Cr.Cash
B) Dr.Cash, Dr.Common shares, Cr.Land
C) Dr.Land, Cr.Cash, Dr.Common Shares
D) Dr.Cash, Cr.Land, Cr.Common shares

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