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Exercise 13-04 a-e Ayayal Corporation issued 1,500 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically

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Exercise 13-04 a-e Ayayal Corporation issued 1,500 shares of stock. Prepare the entry for the issuance under the following assumptions. (Credit account titles are automatically indented when amo Round answers to 0 decimal places, e.g. 5,650.) (a) The stock had a par value of $4 per share and was issued for a total of $40,000. (b) The stock had a stated value of $4 per share and was issued for a total of $40,000. (c) The stock had no par or stated value and was issued for a total of $40,000. (d) The stock had a par value of $4 per share and was issued to attorneys for services during incorporation valued at $40,000. (e) The stock had a par value of $4 per share and was issued for land worth $40,000. No. Account Titles and Explanation Debit Credit

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