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Luis Corporation issued 1,000 shares of stock Prepare the entry for the issuance under the following assumptions: (a) The stock had a par value of $5 per share and was issued for a total of $48,000. (b) The stock had a stated value of $5 per share and was issued for a total of $48,000. (c) The stock had no par or stated value and was issued for a total of $48,000. (d) The stock had a par value of $5 per share and was issued to attorneys for services during incorporation valued at $48,000. (e) The stock had a par value of $5 per share and was issue for land worth $48,000. Robydek Corporation issued 100,000 shares of $20 par value, cumulative, 9% preffered stock on January 1, 2012, for $2,080,000. In December 2014, Robydek declared its first dividend of $550,000. (a) Prepare Robydek's journal entry to record the issuance of the preferred stock. (b) If the prefferd stock is not cumulative, how much of the $550,000 would be paid to common stockholders? (c) If the preferred stock is cumulative, how much of the $550,000 would be paid to common stockholders? Name Section Date Exercises 11-4 19 20 E11-4 21 (a) 22 23 24 25 (b) 26 27 28 29 (c) 30 31 32 (d) 33 34 35 36 (e) 37 38 39 40 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 677 Name Section Date Exercises 11-6 19 20 E11-6 21 (a) 22 23 24 25 (b) 26 27 28 29 30 31 (c) 32 33 34 35 36 37 38 39 40 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 678