Sudoku Company issues $29,000$ shares of $$7$ par value common stock in exchange for land and a building. The land is valued at $$235,000$ and the building at $$360,000.$ Prepare the journal entry to record issuance of the stock in exchange for the land and building.

Journal entry worksheet

A

Record the issue of $29,000$ shares of $$7$ par value common stock in exchange for land valued at $$235,000$ and a building valued at $$360,000.$

Note: Enter debits before credits.

$\backslash$table$[[$Transaction$,$General Journal,Debit,Credit$],[1,,,],[,,,],[,,,],[,,,],[,,,],[,,,]]$