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Following are the issuances of stock transactions. 1. A corporation issued 6,000 shares of $20 par value common stock for $144,000 cash. 2. A corporation

Following are the issuances of stock transactions.

1. A corporation issued 6,000 shares of $20 par value common stock for $144,000 cash.

2. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $52,500. The stock has a $2 per share stated value.

3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $52,500. The stock has no stated value.

4. A corporation issued 1,500 shares of $50 par value preferred stock for $127,500 cash.

Q: Analyze each transaction from issuances of stock by showing its effect on the accounting equation specifically, identify the accounts and amounts (including + or ) for each transaction.

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