Prepare journal entries to record the following four separate issuances of stock. A corporation issued 2.000 shares of $20 par value common stock for $48.000 cash. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $29,500. The stock has a $3 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 $29,500. The stock has no stated value. A corporation issued 500 shares of $100 par value preferred stock for S79.500 cash