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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

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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 $28,500. The stock has a $1 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 $28,500. The stock has no stated value. 4. A corporation issued 1,000 shares of $25 par value preferred stock for $53,500 cash. Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet A B C D Record the issue of 4,000 shares of $10 par value common stock for $46,000 cash. Nota: Enter debits before credits. > 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 $28,500. The stock has a $1 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 $28,500. The stock has no stated value. 4. A corporation issued 1,000 shares of $25 par value preferred stock for $53,500 cash. Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet

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