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Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 3,000 shares of $20 par value common

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Prepare journal entries to record each of the following four separate issuances of stock 1. A corporation issued 3,000 shares of $20 par value common stock for $72,000 cash. 2. A corporation issued 1.500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $52,000. The stock has a $3 per share stated value. 3. A corporation issued 1500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $52,000. The stock has no stated value 4. A corporation issued 750 shares of $50 par value preferred stock for $89,500 cash d View transaction ist Journal entry worksheet > Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth 552,000. The stock has a $3 per share stated value. Nista Enter debits before rett Transaction General Journal Debit Credit

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