Question: Moving to another question will save this response. Question 8 XYZ Inc. issued 6,000 shares of its $10 par value common stock in exchange for

Moving to another question will save this response. Question 8 XYZ Inc. issued 6,000 shares of its $10 par value common stock in exchange for land that has a market value of $84,000. The entry to record this transaction would include: OA. A credit to Land for $60,000. OB. A debit to Common Stock for $60,000. OC. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $24,000. OD. A debit to Land for $60,000. Moving to another question will save this response. hp VAIHDELL & Ques 1 poi

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