1- Graded HW Saved ces Required information [The following information applies to the questions displayed below.) Following are the issuances of stock transactions. 1. A corporation issued 7,000 shares of $10 par value common stock for $84,000 cash. 2. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $59,500. The stock has a $2 per share stated value. 3. A corporation issued 3.500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $59,500. The stock has no stated value. 4. A corporation issued 1,750 shares of $50 par value preferred stock for $147,000 cash. Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet < A C D Record the issue of 7,000 shares of $10 par value common stock for $84,000 cash.