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A corporation issued 1,500 shares of no par common slock lo its promoters in exchango tor their efforts, estimated to be worth $29 000 I

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A corporation issued 1,500 shares of no par common slock lo its promoters in exchango tor their efforts, estimated to be worth $29 000 I he stock has no stated vakio [vinrtran-ction list view general journal Journal Entry Worksheet 0 Record the Issue of 1,500 shares of no par common stock to lls promoters In exchange for their efforts, estimated to be worth $79,000. The stock has no stated value

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