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Knighthood Inc. issued 8 , 0 0 0 shares of common stock. Prepare entries to record each of the following independent situations related to this

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Knighthood Inc. issued 8,000 shares of common stock. Prepare entries to record each of the following
independent situations related to this issue of stock (Hint: use the Account List - click to pop open to help
you with your journal entries).
a) Stock issued for $25 cash per share when par value was $5 per share.
b) Stock issued in exchange for equipment costing $9,000 when the stock had no par or stated value.
c) Stock issued for $14000 cash when the stock had a stated value of $1 per share.
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