Sudoku Company issues 23,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $233,000 and the building at $366,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. View transaction list View journal entry worksheet No Transaction General Journal A Land Building Common stock, $7 par value Paid-in capital in excess of par value, common stock Debit Credit 366,000 161,000