Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 2,000 shares of $10 par value common stock for $24,000 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 $32,000. 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 $32,000. The stock has no stated value. 4. A corporation issued 500 shares of $50 par value preferred stock for $57,000 cash. View transaction list Journal entry worksheet Record the issue of 2,000 shares of $10 par value common stock for $24,000 cash