Prepare journal entries to record each of the following three separate issuances of stock. 1. A corporation issued 5,000 shares of $20 par value common stock for $120,000 cash. 2. A corporation issued 2.500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $44,500. The stock has a $2 per share stated value 3. A corporation issued 2,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $44,500. The stock has no stated value