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Lily Corporation issued 5,400 shares of stock. Prepare the entry for the issuance under the following assumptions. (Ust all debit entries before credit entrles. Credlit

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Lily Corporation issued 5,400 shares of stock. Prepare the entry for the issuance under the following assumptions. (Ust all debit entries before credit entrles. Credlit occount tities are outomatically indented when amount is entered. Do not indent manually. (a) The stock had a par value of $5 per sharepand was issued for a total of $68,000. (b) The stock had a stated value of $5 per share and was issued for a total of $68.000. (c) The stock had a par value of $5 per share and was issued to attorneys for services during in-corporation valued at $68,000. (d) The stock had a par value of $5 per share and was issued for land worth $68,000

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