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

1. A corporation issued 10,000 shares of $30 par value common stock for $360,000 cash.

2. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $31,000. The stock has a $1 per share stated value.

3. A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $31,000. The stock has no stated value.

4. A corporation issued 2,500 shares of $25 par value preferred stock for $93,500 cash.