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An Owner Investment of Land Valued at $20,000 and a Building

Question 4

Multiple Choice

An owner investment of land valued at $20,000 and a building valued at $55,000 into the business would include a:


A) debit to the land account for $55,000 and building account for $20,000.
B) debit to the land account for $75,000.
C) debit to the land account for $20,000 and building account for $55,000.
D) debit to the building account for $75,000.

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