Let incs 10 par value common stock is actively traded at a


Problem

Let Inc.'s $10 par value common stock is actively traded at a market price of $14 per share. Lei issues 4, 800 shares to purchase land advertised for sale at $89, 710. Journalize the issuance of the stock in acquiring the land.

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Accounting Basics: Let incs 10 par value common stock is actively traded at a
Reference No:- TGS02697494

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