Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 3,000 shares of $20 par value common stock for $72,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,000. The stock has a $1 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,000. The stock has no stated value. 4. A corporation issued 750 shares of $25 par value preferred stock for $39,750 cash. View transaction list A Record the issue of 3,000 shares of $20 par value common stock for $72,000 cash. B Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,000. The stock has a $1 per share stated value. C Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,000. The stock has no stated value. D Record the issue of 750 shares of $25 par value preferred stock for $39,750 cash. journal entry has been entered Note : Record entry $72,000 Credit Clear entry View general journal >