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Following are the issuances of stock transactions. A corporation issued 4 , 0 0 0 shares of $ 1 0 par value common stock for

Following are the issuances of stock transactions.
A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash.
A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $43,500. The stock has a $2 per share stated value.
A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $43,500. The stock has no stated value.
A corporation issued 1,000 shares of $75 par value preferred stock for $118,500 cash.
Prepare journal entries to record each of the following four separate issuances of stock.

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