Exercise 13-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company Issues 28,000 shares of...
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Exercise 13-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company Issues 28,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $243,000 and the building at $380,000. Prepare the journal entry to record Issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet < A Record the issue of 28,000 shares of $7 par value common stock in exchange for land valued at $243,000 and a building valued at $380,000. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal > Exercise 13-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company Issues 28,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $243,000 and the building at $380,000. Prepare the journal entry to record Issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet < A Record the issue of 28,000 shares of $7 par value common stock in exchange for land valued at $243,000 and a building valued at $380,000. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal >
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