Sudoku Company issues 22,000 shares of $7 par value common stock in exchange for land and a building. The land is valued

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Sudoku Company Issues 22 000 Shares Of 7 Par Value Common Stock In Exchange For Land And A Building The Land Is Valued 1 (41.99 KiB) Viewed 71 times

Sudoku Company Issues 22 000 Shares Of 7 Par Value Common Stock In Exchange For Land And A Building The Land Is Valued 2 (37.6 KiB) Viewed 71 times

Sudoku Company issues 22,000 shares of $7 par value common stock in exchange for land and a building. The land is valued at $230,000 and the building at $369,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building View transaction list Journal entry worksheet < А Record the issue of 22,000 shares of $7 par value common stock in exchange for land valued at $230,000 and a building valued at $369,000 Note: Enter debits before credits Transaction General Journal Debit Credit 3 Record entry Clear entry View general Journal

Kinkald Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. credit Transaction Debit 270,000 250,000 20,000 170,000 128,000 42,000 General Journal Cash Common Stock, $25 Par Value Paid In Capital in Excess of Par Value, Conton Stock Organization Expenses Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Conton Stock Cash Accounts Receivable Building Notes Payable Connon Stock, $25 Par Value Paid in Capital in Excess of Par Value, Common Stock Cash Connon Stock, $25 Par Value Paid In Capital in Excess of Par Valve, Common Stock 44,000 19,000 82,300 59,600 55,700 30,000 140,000 79,000 61,000 Required: 2. How many shares of common stock are outstanding at year-end? 3. What is the total paldin capital at year-end? 20 508 2. Number of outstanding shares Total paid in capital