Required information [The following information applies to the questions displayed below) Following are the issuances of...

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Required information [The following information applies to the questions displayed below) Following are the issuances of stock transactions 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash 2. A corporation issued 2.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,000. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,000. The stock has no stated value. 4. A corporation issued 1000 shares of $50 par value preferred stock for $86,000 cash Prepare journal entries to record each of the following four separate issuances of stock. View transaction is Journal entry worksheet < A C D Record the issue of 4,000 shares of $10 par value common stock for $48,000 cash Enter sets before dis Gesmal Journal Debit Credit Required information [The following information applies to the questions displayed below) Following are the issuances of stock transactions 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash 2. A corporation issued 2.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,000. The stock has a $2 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $36,000. The stock has no stated value. 4. A corporation issued 1000 shares of $50 par value preferred stock for $86,000 cash Prepare journal entries to record each of the following four separate issuances of stock. View transaction is Journal entry worksheet < A C D Record the issue of 4,000 shares of $10 par value common stock for $48,000 cash Enter sets before dis Gesmal Journal Debit Credit