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Issuing Stock for Assets Other Than Cash On April 5, Fenning Corporation, a wholesaler of...

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Issuing Stock for Assets Other Than Cash On April 5, Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 30,000 shares of $80 par common stock valued at $112 per share Journalize the entry to record the transaction. For a compound transaction, if an amount box does not require an entry, leave it blank Apr 5 Previous Net for Grading

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