Following are the issuances of stock transactions 1. A corporation issued 8,000 shares of $5 par value common stock for $48.000 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 $53,000. 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 $53,000. The stock has no stated value 4. A corporation issued 2,000 shares of $50 par value preferred stock for $153,000 cash Prepare journal entries to record each of the following four separate issuances of stock View transaction list Journal entry worksheet Record the issue of 8,000 shares of $5 par value common stock for $48,000 cash Note Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal Hop Following are the issuances of stock transactions 1. A corporation issued 8,000 shares of $5 par value common stock for $48.000 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 $53,000. The stock has a S1 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 $53,000. The stock has no stated value 4. A corporation issued 2,000 shares of $50 par value preferred stock for $153,000 cash. Prepare journal entries to record each of the following four separate issuances of stock View transaction list Journal entry worksheet