1. A corporation issued 4,000 shares of $20 par value common stock for $96,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,500. The stock has a $3 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,500. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $101,500 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 4,000 shares of $20 par value common stock for $96,000 cash Note: Enter debits before credits Transaction General Journal Debit 1 Credit Record entry Clear entry View general Journal