1. A corporation issued 10,000 shares of $10 par value common stock for $120,000 cash. 2. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has a $1 per share stated value. 3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has no stated value.. 4. A corporation issued 2.500 shares of $25 par value preferred stock for $112,500 cash. Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet A B C D Record the issue of 10,000 shares of $10 par value common stock for $120,000 cash. Note: Enter debits before credits. Transaction General Journal Hint Print eferences Graw Hill View transaction list Journal entry worksheet Hint Print ferences Mc Graw Hill View transaction list Journal entry worksheet A B Record the issue of 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $50,000. The stock has not stated value. Note: Enter debits before credits. Transaction 3 D General Journal eBook Hint Print References Mc Graw Hill View transaction list Journal entry worksheet