Sudoku Company issues 28,000 shares of $7 par value common stock in exchange for land and...
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Sudoku Company issues 28,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $240,000 and the building at $371,000. 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 $240,000 and a building valued at $371,000. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Sudoku Company issues 28,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $240,000 and the building at $371,000. 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 $240,000 and a building valued at $371,000. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit
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