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Sagot :
In the given situation above, the journal entry will be that the land will be debited for $15,000; and the common stock account will be credited with $10,000 and the additional paid up capital account will be credited for $5,000. So, the given options do not hold true.
What is a journal entry?
A chronological recording of financial or accounting transactions of an organization in the journal books of the corporation, as and when they occur, is known as a journal entry.
Hence, the given conditions regarding the journal entry do not hold true.
Learn more about a journal entry here:
https://brainly.com/question/20421012
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