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

A corporation issued 7,000 shares of $10 par value common stock for $84,000 cash.

A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value.

A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value. A corporation issued 1,750 shares of $75 par value preferred stock for $171,250 cash.

Prepare journal entries to record the following four separate issuances of stock. 2. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth 3.A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth 4. A corporation issued 1,750 shares of $75 par value preferred stock for $171,250 cash. A corporation issued 7,000 shares of $10 par value common stock for $84,000 cash. $40,000. The stock has a $1 per share stated value. $40,000. The stock has no stated value. View transaction list Journal entry worksheet 2 4 Record the issue of 7,000 shares of $10 par value common stock for $84,000 cash Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal