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Exercise 13-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company issues 27,000 shares of $9 par value common stock in exchange for land
Exercise 13-6 (Algo) Stock issuance for noncash assets LO P1 Sudoku Company issues 27,000 shares of $9 par value common stock in exchange for land and a bullding. The land is valued at $239,000 and the building at $365,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building View transaction Mist 27 Journal entry worksheet
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