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3 Exercise 11-6 (Algo) Stock issuance for noncash assets LO P1 1.15 points Sudoku Company issues 21,000 shares of $6 par value common stock in

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3 Exercise 11-6 (Algo) Stock issuance for noncash assets LO P1 1.15 points Sudoku Company issues 21,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $240,000 and the building at $362,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building View transaction list eBook Journal entry worksheet Hint A Print Record the issue of 21,000 shares of $6 par value common stock in exchange for land valued at $240,000 and a building valued at $362,000. References Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal

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