112, 13, 14 Saved 10 Prepare journal entries to record the following four separate issuances of stock. nts 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 $35,500. 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 $35,500. The stock has no stated value. 4. A corporation issued 2,500 shares of $25 par value preferred stock for $98.000 cash. eBook Hint View transaction list Journal entry worksheet 2 3 4 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 Debit Credit 1269 IMG 2725.jpg IMG_2724.jpg Type here to search View transaction list Journal entry worksheet jpg IMG 2725.jpg IMG 2724.jpg Fiew transaction list Journal entry worksheet