3 Required information (The following information applies to the questions displayed below.] Part 2 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. Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically, identify the accounts and amounts (including + or -) for each transaction. Answer is not complete. Liabilities Assets (+) increase 1. Cash 18,000 = + + Equity Common Stock, $5 Par Value Paid-In Capital in Excess of Par Value, Common Stock Common Stock, $5 Par Value x Paid-In Capital in Excess of Par Value, Common Stock Common Stock, $5 Par Value X 2 2. Organization Expenses x 41.000 x = + + = + 3. Organization Expenses X 41.000 X = + X Preferred Stock, $50 Par Value Paid-In Capital in Excess of Par Value, Common Stock = + X 4. Cash > (+) increase 116,000 = +