Exercise 11-4 Stock issuance for noncash assets LO P1 Sudoku Company issues 19,000 shares of $10 par value common stock in exchange for land and a building. The land is valued at $239,000 and the building at $368,000. 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 19,000 shares of $10 par value common stock in exchange for land valued at $239,000 and a building valued at $368,000. Note: Enter debits before credits. Transaction General Journal Debit Credit Land Building Contributed capital, treasury stock Record entry Clear entry View general journal Prey Next