Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 7000 shares of $10 par volue common stock for $84.000 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 $43,500. The stock has a $1 per share stated value. 3. A corporation issued 3,500 shares of no por common stock to its promoters in exchange for their efforts, estimated to be worth $43,500. The stock has no stated value. 4. A corporation issued 1,750 shares of $100 par value preferred stock for $218,500 cash, View transaction et Journal entry worksheet Record the issue of 7,000 shares of $10 par value common stock for $84,000 cash. Note: Enter debits before credits Transaction General Journal Debit Credit 1