Answer:
Sr. No Particulars Debit Credit
Land $ 65000
Profit & Loss Account $ 25,000
Corporation Stock $ 80,000
Cash $ 10,000
Explanation:
Recording of purchase of land for stock of $ 80,000 and cash $ 10,000 . As the value of land is $ 65,000 the loss is debited to the profit and loss account. the stock is recorded at the fair market value on the date.
What do you mean by this?
The answer is many different types of items
<span>The answer is that a country must have a low- or middle-income.</span>