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apter 11 Assignment Exercise 11-5 Stock issuance for noncash assets LO P1 Sudoku Company issues 7,000 shares of $7 par value common stock in exchange

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apter 11 Assignment Exercise 11-5 Stock issuance for noncash assets LO P1 Sudoku Company issues 7,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $45,000 and the building at $85,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. noints 8 DR View transaction list Skipped Journal entry worksheet Record the issue of 7,000 shares of $7 par value common stock in exchange for land valued at $45,000 and a building valued at $85,000. Note: Enter debits before credits Print Transaction General Journal Debit Credit References Record entry Clear entry View general Journal

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