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Exercise 11-4 Stock issuance for noncash assets LO P1 Sudoku Company issues 27000 shares of $8 par value common stock in exchange for land and

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Exercise 11-4 Stock issuance for noncash assets LO P1 Sudoku Company issues 27000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $233,000 and the building at $372,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building View transaction list Journal entry worksheet Record the issue of 27,000 shares of $8 par value common stock in exchange for land valued at $233,000 and a building valued at $372,000. Note: Enter debits before credits General Jourmal Debit Credit Transaction View general journal Clear entry Record entry

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