Question
Sudoku Company issues 19,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $231,000 and
Sudoku Company issues 19,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $231,000 and the building at $366,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.
Sudoku Company issues 19,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $231,000 and the building at $366,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
8th edition
978-1118953815, 978-1118953907
