Exercise 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 4,000 shares of $20 par value common stock for $96,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,000. The stock has a $3 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $54,000. The stock has no stated value. 4. A corporation issued 1,000 shares of $100 par value preferred stock for $154,000 cash. Sudoku Company issues 19,000 shares of $9 par value common stock in exchange for land and a building. The land is valued at $243,000 and the building at $364,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet Record the issue of 19,000 shares of $9 par value common stock in exchange for land valued at $243,000 and a building valued at $364,000. Note: Enter debits before credits. Transaction General Journal Debit Credit dentro Viewsonemalliauras