Prepare journal entries to record the following four separate issuances of stock A corporation issued 2,000 shares of $10 par value common stock for $24,000 cash A corporation issued 1,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500 The stock has a $5 per share stated value A corporation issued 1,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500 The stock has no stated value A corporation issued 500 shares of $75 par value preferred stock for $91,000 cash Record the issue of 2,000 shares of $10 par value common stock for $24,000 cash 1 Record the issue of 1,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500 The stock has a value 2 $5 per share stated Record the issue of 1,000 shares of no par common stock to its promoters in exchange for their effforts, estimated to be worth $53,500 The stock has no stated value 3 Record the issue of 500 shares of $75 par value preferred stock for $91,000 cash

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Prepare journal entries to record the following four separate issuances of stock. A corporation issued 2,000 shares of $10 par value common stock for $24,000

Prepare journal entries to record the following four separate issuances of stock.

A corporation issued 2,000 shares of $10 par value common stock for $24,000 cash.
A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500. The stock has a $5 per share stated value.
A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500. The stock has no stated value.
A corporation issued 500 shares of $75 par value preferred stock for $91,000 cash.

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Record the issue of 2,000 shares of $10 par value common stock for $24,000 cash. 1 Record the issue of 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,500. The stock has a value 2 $5 per share stated Record the issue of 1,000 shares of no-par common stock to its promoters in exchange for their effforts, estimated to be worth $53,500. The stock has no stated value. 3 Record the issue of 500 shares of $75 par value preferred stock for $91,000 cash