21 s Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 5,000 shares of $20 par value common stock for $120,000 cash. 2. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,000. The stock has a $1 per share stated value. 3. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,000. The stock has no stated value 4. A corporation issued 1.250 shares of $50 par value preferred stock for $82,500 cash, ped Book View transaction list Hint Journal entry worksheet A C D Record the issue of 5,000 shares of $20 par value common stock for $120,000 cash rences Note Ertereits before credits Transaction General Journal 1 Debit Credit Record entry Clear entry View general journal A Bilm D Record the issue of 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,000. The stock has a $1 per share stated value. Note: Enter debits before credits Transaction General Journal 2 Debit Credit Record entry Clear entry View general journal int Journal entry worksheet A B D Ferences Record the issue of 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,000. The stock has no stated value. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general Journal View transaction list Hint Journal entry worksheet