Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 8.000 shares of $30 par value common stock for $288.000 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 $21,500. 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 $21,500. The stock has no stated value. 4. A corporation issued 2,000 shares of $100 par value preferred stock for $221,500 cash. View transaction list Journal entry worksheet Record the issue of 8,000 shares of $30 par value common stock for $288,000 cash Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal