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Prepare the journal entries to record the following separate issuances of stock. 1.) A corporation issued 200 shares of $4 par value common stock for

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Prepare the journal entries to record the following separate issuances of stock. 1.) A corporation issued 200 shares of $4 par value common stock for $2,000 2.) A corporation issued 250 shares of $3 par value preferred stock for $4,500 3.) A corporation issued 900 shares of no-par common stock to its promoters in exchange for their efforts estimated to be worth $10,000 The stock has a $7 stated value. 4.) A corporation issued 500 shares of no-par common stock in exchange for a building worth $24,000

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