Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 7000 shares of $20 par value common stock for $168.000 cash. 2. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500. The stock has a $2 per share stated value. 3. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500. The stock has no stated value 4. A corporation issued 1,750 shares of $25 par value preferred stock for $97,250 cash View transaction list Journal entry worksheet D > Record the issue of 7,000 shares of $20 par value common stock for $168,000 cash