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Prepare the journal entry to record issuance

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Sudoku Company issues 7,000 shares of $ 7 par value common stock in exchange for land and a building. The land is valued at $ 45,000 and the building at $ 85,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.

Reference no: EM13899425

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Prepare the journal entry to record issuance : Sudoku Company issues 7,000 shares of $ 7 par value common stock in exchange for land and a building
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