1. A corporation issued 5,000 shares of $10 par value common stock for $60,000 cash. 2. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their elforts, estimated to be worth $49,000. The stock has a $2 per shate stated value 3. A corporation issued 2,500 shares of no-par common stock to ins promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value. 4. A corporation issued 1,250 shares of $100 par value preferred stock for $174,000 cash. Prepare journal entries to record each of the following four separate issuances of stock. Journal entry worksheet Record the issue of 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $2 per share stated value. Fotes inter estits befare credita