Question
Sudoku Company issues 18,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $226,000 and
Sudoku Company issues 18,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $226,000 and the building at $372,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.
PLEASE LOOK AT THE PICTURES!!!
Sudoku Company issues 18,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $226,000 and the building at $372,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.
PLEASE LOOK AT THE PICTURES!!!
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
