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

Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 8,000 shares of $10 par value common stock for $96,000 cash 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,500. The stock has a $1 per share stated value 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,500. The stock has no stated value 4. A corporation issued 2,000 shares of $50 par value preferred stock for $136,500 cash View transaction list Record the issue of 8,000 shares of $10 par value common stock for $96,000 cash 1 96,000 Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,500. The stock has a $1 per share stated value 2 3 Record the issue of 4,000 shares of no-par common stockbit Credit to its promoters in exchange for their efforts, estimated to be worth $36,500. The stock has no stated value 4 Record the issue of 2,000 shares of $50 par value preferred stock for $136,500 cash Note : journal entry has been entered Record entry Clear entry View general journal