Paisley Corp issued 5,000 shares of common stock. Prepare the journal entries under each situation (Hint: use the Account List - click to pop open to help you with your journal entries): a) Stock was issued for $8 per share when the stock had a stated value of $4 per share. Date Description b) Stock issued for $24,000 cash when stock had a par value of $3 per share. Date Description c) Stock issued for $10 per share when stock had neither a par or stated value. Date > Next Question Description Debit Credit Debit Credit Debit Credit