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Business, 26.07.2019 05:00 suhailalitariq

Only got 15 mins. will mark brain if correct five hundred shares of $25 par common stock was exchanged for a piece of equipment with a fair market value of $13,500. the journal entry to record the transaction would include a a) credit to paid in capital in excess of par common for $1000 b) credit to equipment for $12500 c) credit to common stock for $13500 d) debit to common stock for $12500

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