PAR AND NO-PAR, COMMON AND PREFERRED STOCK Hernandez Company had the following stock transactions during the year:

(a) Issued 25,000 shares of $1 par common stock for $25,000 cash.

(b) Issued 20,000 shares of $1 par common stock for $22,000 cash.

(c) Issued 22,000 shares of $1 par common stock for $21,000 cash.

(d) Issued 2,000 shares of $50 par, 8% preferred stock for $100,000 cash.

(e) Issued 1,000 shares of $50 par, 8% preferred stock for $49,000 cash.

(f) Issued 1,000 shares of $50 par, 8% preferred stock for $51,500 cash.

(g) Issued 2,500 shares of no-par common stock for $11,875 cash.

(h) Issued 1,500 shares of no-par, $7 preferred stock for $72,000 cash.

REQUIRED

Prepare general journal entries to record the transactions, identifying each transaction by letter.