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Fast2F Fast2F
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6 years ago
No entry was recorded for the exchange of stock for land. This error would cause:
A) the period end stockholders' equity to be understated.
B) the period end stockholders' equity to be overstated.
C) the period's end assets to be understated.
D) Both A and C are correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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keytwokeytwo
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Fast2F Author
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#2
6 years ago
I’m very happy now Smiling Face with Open Mouth Thank you for the answe
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