Soku company issues 26000 shares of 9 par value common


Soku Company issues 26,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $242,000 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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Humanities: Soku company issues 26000 shares of 9 par value common
Reference No:- TGS0658931

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