Question: q5 re Question 5 1 points Save Answer XYZ Inc. issued 6,000 shares of its $10 par value common stock in exchange for land that

 q5 re Question 5 1 points Save Answer XYZ Inc. issued

q5 re

Question 5 1 points Save Answer 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: O A. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $24,000. O B. A debit to Land for $60,000 O C. A credit to Land for $60,000.- OD. A debit to Common Stock for $60,000

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