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Exercise 11-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company issues 28,000 shares of $7 par value common stock in exchange for land

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Exercise 11-6 (Algo) 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 bullding. The land is valued at $232.000 and the bullding at $362.000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. Journal entry worksheet Record the issue of 28,000 shares of $7 par value common stock in exchange for land valued at $232,000 and a building valued at $362,000. Note: Enter debits before credits

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