On December 2, 2014, Ewell Company purchases a piece of land from the original owner. In payment for the land, Ewell Company issues 8,000 shares of common stock with $1.00 par value. The land has been appraised at a market value of $400,000. Please provide the journal entry for this transaction.
Definitions:
Female Protégés
Women who are guided, supported, and mentored in their personal and professional development by a more experienced person.
Psychosocial Support
Support aimed at addressing psychological and social needs to improve an individual's emotional wellbeing.
Catharsis Hypothesis
The idea that expressing or getting out one's emotions, especially anger, can lead to a reduction in these feelings and promote psychological health.
Relative Deprivation
The perception that we are worse off relative to those with whom we compare ourselves.
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