Following are the issuances of stock transactions.

A corporation issued $2,000$ shares of $$20$ par value common stock for $$48,000$ cash.

A corporation issued $1,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$47,000.$ The stock has a $$5$ per share stated value.

A corporation issued $1,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$47,000.$ The stock has no stated value.

A corporation issued $500$ shares of $$100$ par val$$e preferred stock for $$97,000$ cash.

Exercise $13-5($Algo$)$ Analyzing impact of stock issuance transactions LO P$1$

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.