Following are the issuances of stock transactions.

1. A corporation issued 4,000 shares of $20 par value common stock for $96,000 cash.
2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $2 per share stated value.
3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value.
4. A corporation issued 1,000 shares of $75 par value preferred stock for $108,500 cash. Prepare journal entries to record each of the following four separate issuances of stock.