Following are the issuances of stock transactions. 1. A corporation issued 9,000 shares of $20 par value common stock for $216,000 cash. 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $38,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $38,500. The stock has no stated value. 4. A corporation issued 2,250 shares of $25 par value preferred stock for $94,750 cash. 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. 1. Cash 1. 2. 2. Assets (+) increase 216,000 = Liabilities Equity + Common Stock, $20 Par Value (+) increase 180,000 = + Paid-In Capital in Excess of Par Value, Common Stock (+) increase 36,000 = + Common Stock, $1 stated value (+) increase 4,500 (+) increase 2. (-) decrease 3. (+) increase 3. = + (-) decrease 4. Cash (+) increase = + (+) increase 4. (+) increase