Prepare the journal entery to record Autumn company issuance of $63000 shares of no -par value common stock assuming the share

a- sell for $ 29 cah per share

b- are exchange for land value at 1827000

On Juanuary 1,2013 thee $2000,000 par value bonds of Spitz Co with carrying value of $2000,000 are converted to 1,000000 shares of $ 1.00 par value common stock. Record the entery for the conversion of the bond