Following are the issuances of stock transactions.

A corporation issued $6,000$ shares of $$30$ par value common stock for $$216,000$ cash.

A corporation issued $3,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$55,500.$ The stock has a $$2$ per share stated value.

A corporation issued $3,000$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$55,500.$ The stock has no stated value.

A corporation issued $1,500$ shares of $$25$ par value preferred stock for $$93,00$ iij cash.

Prepare journal entries to record each of the following four separate issuances of stock.

Journal entry worksheet

A

B

C

D

Record the issue of $6,000$ shares of $$30$ par value common stock for $$216,000$ cash.

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