2 o Required Information Part 1 of 2 (The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1 points 1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has no stated value. 4. A corporation issued 750 shares of $100 par value preferred stock for $116,000 cash. eBook Hint Prepare Journal entries to record each of the following four separate issuances of stock. . Print View transaction list References Journal entry worksheet B C D > Record the issue of 3,000 shares of $5 par value common stock for $18,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Required information [The following information applies to the questions displayed below.) Following are the issuances of stock transactions. Part 1 of 2 1 points 1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has no stated value. 4. A corporation issued 750 shares of $100 par value preferred stock for $116,000 cash. eBook dot Hint Prepare journal entries to record each of the following four separate issuances of stock. Print View transaction list References Journal entry worksheet Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has a $3 per share stated value. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 2 Required Information [The following information applies to the questions displayed below.) Part 1 of 2 Following are the issuances of stock transactions. 1 points 1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has no stated value. 4. A corporation issued 750 shares of $100 par value preferred stock for $116,000 cash. eBook Hint Prepare journal entries to record each of the following four separate issuances of stock. Print View transaction list References Journal entry worksheet Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has no stated value. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 2 Required Information Part 1 of 2 1 points [The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 3,000 shares of $5 par value common stock for $18,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $41,000. The stock has no stated value. 4. A corporation issued 750 shares of $100 par value preferred stock for $116,000 cash. eBook D Hint Prepare Journal entries to record each of the following four separate issuances of stock. Print View transaction list References Journal entry worksheet D Record the issue of 750 shares of $100 par value preferred stock for $116,000 cash. Note: Enter debits before credits Transaction General Journal Debit Credit 4