3. Delaware Corporation Issued 20,000 shares of $1 par value common stock for $30 per share cash on July 10. 2020. Required: Prepare the appropriate journal entry for the issuance of the stock on July 10, 2020. 4. Connecticut Corporation issued 40,000 shares of Preferred stock for $50 per share on August 1, 2020. Required: Prepare the journal entry for the issuance of the stock on August 1, 2020