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Issulng Common Stock Valder Manufacturing sold 20,400 shures of common stock to stockholders at the time of its incorporation, Vaidez received $24.40 per share for

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Issulng Common Stock Valder Manufacturing sold 20,400 shures of common stock to stockholders at the time of its incorporation, Vaidez received $24.40 per share for the stock. Required: 1. Aswume that the stock has a $20 par value per share. Prepare the journal entry to record the sale and issue of the stock. If an amount box does not require an ent leave it biank: 2. Assume that the stock has a $15 stated value per share. Prepare the journal entry to cecord the sale and issue of the stock. If an amount box does not reguire an entry leave it blank: 3. Assume that the stock has no par value and no stated value. Prepare the journal entry to record the sale and issue of the stock. If an amount box does not require a entry, leave it blank 4. Conceptual Connection: How do the different par values affect total contributed capital and total stockholders' equity? The different par values total capital stock or total stockholders' equity

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