Following are the issuances of stock transactions.

A corporation issued $5,000$ shares of $$10$ par value common stock for $$60,000$ cash.

A corporation issued $2,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated

to be worth $$27,000.$ The stock has a $$1$ per share stated value.

A corporation issued $2,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated

to be worth $$27,000.$ The stock has no stated value.

A corporation issued $1,250$ shares of $$50$ par value preferred stock for $$89,500$ cash.

Prepare journal entries to record each of the following four separate issuances of stock.

A Record the issue of $5,000$ shares of $$10$ par value

common stock for $$60,000$ cash.

B Record the issue of $2,500$ shares of no$-$par common stock

to its promoters in exchange for their efforts, estimated

to be worth $$27,000.$ The stock has a $$1$ per share stated

value.

C Record the issue of $2,500$ shares of no$-$par common stock

to its promoters in exchange for their efforts, estimated

to be worth $$27,000.$ The stock has no stated value.

D Record the issue of $1,250$ shares of $$50$ par value

preferred stock for $$89,500$ cash.

Note : $=$ journal entry has been entered