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Following are the issuances of stock transactions. A corporation issued 9 , 0 0 0 shares of $ 5 par value common stock for $

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Following are the issuances of stock transactions.
A corporation issued 9,000 shares of $5 par value common stock for $54,000 cash.
A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $39,000. The stock has a $1 per share stated value.
A corporation issued 4,500 shares of no-par common stock to Hts promoters In exchange for their efforts, estimated to be worth $39,000. The stock has no stated value.
A corporation issued 2,250 shares of $50 par value preferred stock for $151,500 cash.
Prepare journal entries to record each of the following four separate issuances of stock.
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