Check my work Exercise 11-5 Stock issuance for noncash assets LO P1 points Sudoku Company issues 17,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $231,000 and the building at $370,000. 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 Print Record the issue of 17,000 shares of $8 par value common stock in exchange for land valued at $231,000 and a building valued at $370,000. here References Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Mc Graw Hill Education Prey 1 of 8 Next >