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 2,000 shares of $20 par value common stock for $48,000 cash. 2. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $3 per share stated value 3. A corporation issued 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value 4. A corporation issued 500 shares of $100 par value preferred stock for $83,500 cash View transaction list Record the issue of 2,000 shares of $20 par value common stock for $48,000 cash 1 $48,000 Record the issue of 1,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has a $3 per share stated value 2 3 Record the issue of 1,000 shares of no-par common stockebit Credit to its promoters in exchange for their efforts, estimated to be worth $33,500. The stock has no stated value 4 Record the issue of 500 shares of $100 par value preferred stock for $83,500 cash Note : journal entry has been entered Record entry Clear entry View general journal