Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 4,000 shares of $5 par value common stock for $24,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,500. The stock has a $2 per share stated value. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,500. The stock has no stated value. 3. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $80,500 cash. View transaction list Journal entry worksheet Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,500. The stock has a $2 per share stated value. Note: Enter debits before credits Debit Credit General Journal Transaction View general journal Clear entry Record entry Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 4,000 shares of $5 par value common stock for $24,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,500. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth 4. A corporation issued 1,000 shares of $50 par value preferred stock for $80,500 cash. $30,500. The stock has no stated value. View transaction list Journal entry worksheet Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,500. The stock has no stated value. Note: Enter debits before credits Debit Credit General Journal Transaction View general journal Clear entry Record entry Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 4,000 shares of $5 par value common stack for $24,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $30,500. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth 4. A corporation issued 1,000 shares of $50 par value preferred stock for $80,500 cash. $30,500. The stock has no stated value. View transaction list Journal entry worksheet Record the issue of 1,000 shares of $50 par value preferred stock for $80,500 cash. Note: Enter debits before credits. Debit Credit General Journal Transaction View general journal Clear entry Record entry