Prepare journal entries to record the following selected transactions. January 10 Issued 116,000 shares of $2 par value common stock for $8 cash per share. January 15 Issued 11,400 shares of $2 par value common stock in exchange for equipment with a market value of $84,000. February 1 Issued 800 shares of $2 par value common stock to its promoters in exchange for their efforts, estimated to be worth $4,400. Journal entry worksheet Issued 116,000 shares of $2 par value common stock for $8 cash per share. Note: Enter debits before credits