Prepare the journal entry to record issuance of the stock

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Sudoku Company issues 19,000 shares of $10 par value common stock in exchange for land and a building. The land is valued at $231,000 and the building at $368,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building.

Record the issue of 19,000 shares of $10 par value common stock in exchange for land valued at $231,000 and a building valued at $368,000

Reference no: EM13775250

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Prepare the journal entry to record issuance of the stock : Sudoku Company issues 19,000 shares of $10 par value common stock in exchange for land and a building. The land is valued at $231,000 and the building at $368,000. Prepare the journal entry to record issuance of the stock in exchange for the land and..

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