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 $44,500. 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 $44,500. The stock has no stated value. 4. A corporation issued 2,500 shares of $50 par value preferred stock for $169,500 cash. View transaction list Journal entry worksheet 1 2 3 4 Record the issue of 10,000 shares of $30 par value common stock for $360,000 cash. Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal