Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 2.000 shares of $10 par value common stock for $24.000 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 $20,500. The stock has a $2 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 $20,500. The stock has no stated value. 4. A corporation Issued 500 shares of $50 par value preferred stock for $45,500 cash. View transaction list Journal entry worksheet B Record the issue of 2,000 shares of $10 par value common stock for $24,000 cash. Noter Enter debits before credits Transaction General Journal Debit Credit 1 Proy 1 of 4 Next > 4. A corporation issued 500 shares of $50 par value preferred stock for $45,500 cash. View transaction list Journal entry worksheet Record the issue of 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $20,500. The stock has a $2 per share stated value. Note: Enter debits before credits Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal 4. A corporation issued 500 shares of $50 par value preferred stock for $45,500 cash. View transaction list Journal entry worksheet