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Exercise 11-5 Stock issuance for noncash assets LO P1 Sudoku Company issues 28,000 shares of $7 par value common stock in exchange for land and

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Exercise 11-5 Stock issuance for noncash assets LO P1 Sudoku Company issues 28,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $230,000 and the building at $374,000. Prepare thejournal entry to record issuance of the stock in exchange for the land and building. View transaction list View journal entry worksheet

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