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Share lssuances for Cash Minaret, Inct, issued 10,000 shares of $50 par value preferred stock at $68 per share and 12,000 shares of noipar value common stock at $15 per share The common stock has no stated value. All issuances were for cash, a. Prepare the journal entries to record the share issuances. b. Prepare thejournal entry for the issuance of the common stock assuming that it had a stated value of $4 per share. c. Prepare thejournal entry for the issuance of the common stock assuming that it had a par value of $2 per share. Generaljournal Description Preferred Stock 0 0 0 0 Issued 10,000 shares of preferred stock. 3 0 0 Issued 12,000 shares of noparvalue common stock. b 3 0 0 Common Stock 0 0 0 0 Issued 12,000 shares of noepar common stock, statedvalue of $4, at $15 per share. c. t 0 0 Common Stock 0 0 c 0 Issued 12,000 sharesat $2 parvalue common stock at$15 per share. Cash Common Stock No-Per Value Common Stock PaidinCapital in Excess of Per Value - Common Stock PaidinCapitsl in Excess of Par Value- Preferred Stock Peid-in-Cepital in Excess of Stated Value Common Stock Preferred Stock