Required information [The following information applies to the questions displayed below] Following are the issuances of stock transactions 1. A corporation issued 3,000 shares of $20 par value common stock for $72,000 cash 2. A corporation issued 1,500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $22,000. The stock has a $1 per share stated value 3. A corporation issued 1500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $22,000 The stock has no stated value. 4. A corporation issued 750 shares of $75 par value preferred stock for $78.250 cash Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically identify the accounts and amounts (including or-) for each transaction " 2 2 2 3. 4 4 Assets Liabilities . . + Equity