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

A corporation issued 8,000 shares of $10 par value common stock for $96,000 cash.

A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $42,000. The stock has a $1 per share stated value.

A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $42,000. The stock has no stated value.

A corporation issued 2,000 shares of $50 par value preferred stock for $142,000 cash.