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Exercise 13-3 Accounting for par, stated, and no-par stock Issuances LO P1 Sudoku Company issues 36,000 shares of $8 par value common stock in exchange
Exercise 13-3 Accounting for par, stated, and no-par stock Issuances LO P1 Sudoku Company issues 36,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $239,000 and the building at $369.000. Prepare the journal entry to record issuance of the stock in exchange for the land and building View transaction ist Journal entry worksheet Record the issue of 36,000 shares of $8 par value common stock in exchange for land valued at $239,000 and a building valued at $369,000. Note: Enter debits before anedits Transaction General Journal Debit Credit Record entry Clear entry Vw jour
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