Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 8 000 shares of $5 par value common stock for $48.000 cash 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $25.500. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $25.500. The stock has no stated value. 4. A corporation issued 2.000 shares of $75 par value preferred stock for $175,500 cash. View transaction list Journal entry worksheet Record the issue of 8,000 shares of $5 par value common stock for $48,000 cash. Note: Enter debits before credits. Transaction General Journal Cash Common stock. $5 par value Debit Credit 46.000 40.000 8,000 Record entry Clear entry View general journal Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 8 000 shares of $5 par value common stock for $48.000 cash 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $25,500. The stock has a $1 per share stated value. 3. A corporation issued 4,000 shares of no-par common stock to ts promoters in exchange for their efforts, estimated to be worth $25,500. The stock has no stated value. 4. A corporation issued 2,000 shares of $75 par value preferred stock for $175,500 cash. View transaction list Journal entry worksheet