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Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 cash. 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $29,500. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $29,500. The stock has no stated value. 4. A corporation issued 2,000 shares of $75 par value preferred stock for $179,500 cash. View transaction ist Journal entry worksheet 1 2 3 Record the issue of 8,000 shares of $20 par value common stock for $192,000 cash. Note: Enter debts before credits General Journal Dobit Transaction credit View all Record