$7)$

Exercise $11-6($Algo$)$ Stock issuance for noncash assets LO P$1$

Sudoku Company issues $20,000$ shares of $$6$ par value common stock in exchange for land and a building. The land is valued at

$$225,000$ and the building at $$379,000.$ Prepare the journal entry to record issuance of the stock in exchange for the land and

building.

Answer is not complete.