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Exercise 11-4 Stock issuance for noncash assets LO P1 Sudoku Company issues 31.000 shares of S9 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 31.000 shares of S9 par value common stock in exchange for land and a building. The land is valued at $225,000 and the building at $371,000. 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 31,000 shares of $9 par value common stock in exchange for land valued at $225,000 and a building valued at $371,000 Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal

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