Required information [The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 7,000 shares of $10 par value common stock for $84,000 cash. 2. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $35,500. The stock has a $1 per share stated value. 3. A corporation issued 3,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $35,500. The stock has no stated value. 4. A corporation issued 1,750 shares of $25 par value preferred stock for $79,250 cash. Prepare journal entries to record each of the following four separate issuances of stock. Done AA ezto.mheducation.com Chapter 11 Homework i Saved Saved Help Save \& Exit Check my work Required information View transaction list View journal entry worksheet 9.09 points 02:38:16 2