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Can you please help me make sure this is correct? i am concerned the most about part B Required information (The following information applies to

Can you please help me make sure this is correct? i am concerned the most about part B
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Required information (The following information applies to the questions displayed below-j Following are the issuances of stock transactions. 1. A corporation issued 2,000 shares of SIO par value common stock for $24,000 cash. 2. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $25,500. The stock has a $3 per share stated value 3. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $25,500. The stock has no stated value 4. A corporation issued 500 shares of $25 par value preferred stock for $38,000 cash. Prepare journal entries to record each of the following four separate issuances of stock. View transaction list c 2 3 4 View journal entry worksheet Cash Common stock, $10 par value Paid-in capital in excess of par value, Common stock Organization expenses Common stock, $3 stated value Paid-in capital in excess of stated value, common stock Organization expenses Common stock, no-par value Cash Preferred stock, 525 par value Paid-in capital in excess of par value, preferred stock 24,000 20,000 4,000 25,000 3,000 22,500 25,500 25,500 38.000 12,500 25,500

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