Prepare journal entries to record each of the following four separate Issuances of stock. 1 A corporation Issued 2,000 shares of $20 par value common stock for $48,000 cash. 2 A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,000. The stock has a $4 per share stated value. 3. A corporation Issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $35,000. The stock has no stated value. 4. A corporation issued 500 shares of $50 par value preferred stock for $61,000 cash. View transaction list Journal entry worksheet B D Record the issue of 2,000 shares of $20 par value common stock for $48,000 cash. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal