Sudoku company issues 24,000 shares of $8 par value common stock in exchange for land and a building. the land is valued at $236,000 and the building at $378,000. prepare the journal entry to record issuance of the stock in exchange for the land and building.

The journal entry for the issuance of the stock is shown below:

Explanation:

Land A/cDr    $236,000

Building A/cDr    $378,000

 Common Stock A/cCr $192,000

 Paid in Capital in excess of par value of Common stock A/cCr   $422,000

Working Note:

Common Stock = Number of shares × Rate per share

= 24,000 × $8

= $192,000

Paid in Capital in excess of par value of Common stock = (Land + Building) - Common Stock

= ($236,000 + $378,000) - $192,000

= $614,000 - $192,000

=$422,000

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;