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Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 4,000 shares of $10 par value common

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Prepare journal entries to record each of the following four separate issuances of stock. 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 $29.000 The stock has a $1 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 $29,000. The stock has no stated value 4. A corporation issued 1,000 shares of $100 par value preferred stock for $129,000 cash. View transaction et Journal entry worksheet > Record the issue of 4,000 shares of $10 par value common stock for $48,000 cash. Credit Non des before Transaction General Journal Clear entry Record entry

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