Prepare journal entries to record the following four separate issuances of stock 1. A corporation issued 3,000 shares of $10 par value common stock for $36,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,500. The stock has a $1 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $21,500. The stock has no stated value. . A corporation issued 750 shares of $50 par value preferred stock for $59,000 cash. View transaction list Journal entry worksheet 4 Record the issue of 3,000 shares of $10 par value common stock for $36,000 cash Note: Enter debits before credits. Transaction General Journal Debit Credit