Exercise 11-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company issues 23,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $227,000 and the building at $376,000. 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 23,000 shares of $6 par value common stock in exchange for land valued at $227,000 and a building valued at $376,000. Note: Enter debits before credits. Transaction General Journal Debit Credit View general Journal Record entry Clear entry