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please include the solution as well [The following information epplies to the questions displayed below] Following are the issuances of stock transactions: 1. A corporation
please include the solution as well [The following information epplies to the questions displayed below] Following are the issuances of stock transactions: 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $38.500. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $38.500. The stock has no stoted value. 4. A corporation issued 1,000 shores of $100 par value preferred stock for $138,500 cash. Analyze each transaction from issuances of stock by showing its effect on the occounting equation-specifically, identify the accounts and amounts pincluding + or for each transoction
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