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Soku Company issues 35,000 shares of $6 par value common stock in exchange for land and a...

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Introduction: Prepare the journal entry to record issuance of the stock in exchange for the land and building.
                        
More Details: Soku Company issues 35,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $233,000 and the building at
                $365,000.
                
                Prepare the journal entry to record issuance of the stock in exchange for the land and building.
asked 7 months ago by anonymous

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