EEe IOIUWIIIKJ HoHdIon dp A corporation issued $8,000$ shares of $$20$ par value common stock for $$192,000$ cash$\mathrm{.}2.$ A corporation issued $4,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimatedto be worth $$35,500.$ The stock has a $$1$ per share stated value.orporation issued $4,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimatedb,$500.$ The stock has no stated value$\mathrm{.}4.$ A corporation issued $2,000$ shares of $$25$ par value preferred stock for $$85,500$ cash.Exercise $13-5($Algo$)$ Analyzing Impact of stock Issuance transactlons LO P$1$Analyze each transaction from issuances of stock by showing its effect on the accounting equation$-$ specifically, identify the accountsand amounts $($including$+$ or$-)$ for each transaction.CashAssets$(+)$ increaseLiabilitiesCommon Stock, $$20$ Par ValuePaid$-$In Capital in Excess of Par Value,Common StockEquityCommon Stock, $$1$ stated valuePaid$-$In Capital in Excess of StatedValue. Common Stock$+$Common Stock, No$-$Par ValuePreferred Stock. S$25$ Par Value$+)$ increase$(+)$ increase$()$ increaser$)$inorease$($O decreaseincreaseO decrease$(+)$ increase