Required information The following information applies to the questions displayed below) Following are the issuances of stock transactions 1. A corporation issued 8,000 shares of $10 par value common stock for $96,000 cash. 2. A corporation issued 4.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $37,500. The stock has a $1 per share stated value 3. A corporation issued 4.000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $37.500. The stock has no stated value 4. A corporation issued 2,000 shares of $25 par value preferred stock for $87,500 cash Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet Record the issue of 8,000 shares of $10 par value common stock for $96,000 cash. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Cash View transaction list Journal entry worksheet Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $37,500. The stock has a $1 per share stated value. View transaction list Journal entry worksheet B 0 D Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $37.500. The stock has no stated value Note: Enter debits before credits View transaction list Journal entry worksheet