Prepare journal entries to record each of the following four separate issuances of stock A corporation issued 4,000 shares of $5 par value common stock for $24,000 cash A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500 The stock has a $2 per share stated value A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500 The stock has no stated value A corporation issued 1,000 shares of $100 par value preferred stock for $133,500 cash Record the issue of 4,000 shares of $5 par value common stock for $24,000 cash Record the issue of 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500 The stock has a $2 per share stated value Record the issue of 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500 The stock has no stated value Record the issue of 1,000 shares of $100 par value preferred stock for $133,500 cash

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Prepare journal entries to record each of the following four separate issuances of stock. A corporation issued 4,000 shares of $5 par value common stock

Prepare journal entries to record each of the following four separate issuances of stock.

A corporation issued 4,000 shares of $5 par value common stock for $24,000 cash.
A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $2 per share stated value.
A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value.
A corporation issued 1,000 shares of $100 par value preferred stock for $133,500 cash.

Record the issue of 4,000 shares of $5 par value common stock for $24,000 cash.

Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $2 per share stated value.

Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value.

Record the issue of 1,000 shares of $100 par value preferred stock for $133,500 cash.