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actg question Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $30 par

actg question

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Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 9,000 shares of $30 par value common stock for $324,000 cash. .7. A corporation issued 4,500 shares of nopar common stock to its promoters in exchange for their efforts, estimated to be worth $23,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of nopar common stock to its promoters in exchange for their efforts, estimated to be worth $23,500. The stock has no stated value. 4. A corporation issued 2,250 shares of $25 par value preferred stock for $79,?50 cash. View transaction list Journal entry worksheet Record the issue of 9,000 shares of $30 par value common stock for $324,000 cash. Note: Enter debits before credits. Record entryr Clear entry View general journal

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