AETCISE 11-4 Recording stock issuances LO P1 Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 6,000 shares of $5 par value common stock for $36,000 cash 2. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,500. The stock has a $1 per share stated value 3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21.500. The stock has no stated value. 4. A corporation issued 1,500 shares of $100 par value preferred stock for $171,500 cash. View transaction list Journal entry worksheet Record the issue of 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,500. The stock has no stated value. Note: Enter debits before credits General Journal Debit Credit Transaction 3 Record entry Clear entry View general journal Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 6,000 shares of $5 par value common stock for $36,000 cash 2. A corporation issued 3.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21.500. The stock has a $1 per share stated value 3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21.500. The stock has no stated value. 4. A corporation issued 1.500 shares of $100 par value preferred stock for $171,500 cash. View transaction list Journal entry worksheet