Sudoku Company issues 33,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $228,000 and the building at $361,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.
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Home » Business » Sudoku Company issues 33,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $228,000 and the building at $361,000.