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Following are the issuances of stock transactions. A corporation issued 8,000 shares of $30 par value common stock for $288,000 cash. A corporation issued 4,000

Following are the issuances of stock transactions.

A corporation issued 8,000 shares of $30 par value common stock for $288,000 cash.

A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value.

A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value.

A corporation issued 2,000 shares of $50 par value preferred stock for $149,000 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.

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