Required information The following information applies to the questions displayed below) Following are the issuances of stock transactions 1. A corporation issued 9,000 shares of $10 par value common stock for $108,000 cash 2. A corporation issued 4,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $48,500. The stock has a $1 per share stated value. 3. A corporation issued 4,500 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $48,500. The stock has no stated value. 4. A corporation issued 2,250 shares of $75 par value preferred stock for $217.250 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 Assets Liabilities Common stock dividend distributable Equity Pald-in Capital in Excess of Par Value Common Stop 1 Cash (+) increase (+) in 108,000 1. 2 2 2 3 3. 4. 4 Liabilities Common stock dividend distributable 108,000 Equity Paid In Captain CSS of Par Value, Common Stock (+) increase