Following are the issuances of stock transactions.

1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash.

2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $28,000. The stock has a $1 per share stated value.

3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $28,000. The stock has no stated value.

4. A corporation issued 2,000 shares of $100 par value preferred stock for $228,000 cash.

Prepare journal entries to record each of the following four separate issuances of stock.

Record the issue of 8,000 shares of $20 par value common stock for $192,000 cash.