Sudoku Company issues 23,000 shares of $10 par value common stock in exchange for land and a building. The land is valued at $229,000 and the building at $375,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet A Record the issue of 23,000 shares of $10 par value common stock in exchange for land valued at $229,000 and a building valued at $375,000. Note: Enter debits before credits. Transaction 1 Land Building General Journal Debit Credit Common stock, $10 par value Paid-in capital in excess of par value, common stock