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 $30 par value common stock for $288,000cash. 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for theit efforts, estimated to be worth $31,500. 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 $31,500. The stock has no stated value. 4. A corporation issued 2.000 shares of $100 par value preferred stock for $231.500 cash. Prepare journal entries to record each of the following four separate issuances of stock. Sudoku Company issues 22,000 shares of $8 par value common stock in exchange for land and a bullding The land is valued at $237.000 and the bullding at $374,000. Prepare the journat entry to record issuance of the stock in exchange for the land and buliding. Journal entry worksheet Record the issue of 22,000 shares of $8 par value common stock in exchange for land valued at $237,000 and a buliding valued at $374,000. Note: Enter debits before credits. Required information [The following information applies to the questions displayed below.] fork's outstanding stock consists of 90.000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 270.000 hares of common stock with a $1 par value. During its first four years of operation, the corporation declared and pald the following otal cash dividends: Petermine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your Dividend per Preferred Share" answer to 3 decimal places.) Required information [The following information applies to the questions displayed below] York's outstanding stock consists of 90.000 shares of cumulative 7.5% preferred stock with a $5 par value and also 270.000 stares of common stock with a \$1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase, Complete this question by entering your answers in the tabs below. Prepare journal entries to record the following transactions for Sherman Systems. a. Purchased 6,000 shares of its own common stock at $35 per share on October 11 . b. Sold 1,250 treasury shares on November 1 for $41 cash per share. c. Sold all remaining treasury shares on November 25 for $34 cash per share. Preoare journal enties to record the following transactions for Sherman Systems. a. Purchased 6,000 shares of its own common stock at $35 per share on October 11. b. Sold 1.250 treasary shares on Fovembar 1 for 441 cash per share. c. Sold all remaining treasuty shares on November 25 for $34 cash per share. Journal entry worksheet 2 Record the purchase of 6,000 shares of its own common stock for 535cash per share. Note: Enter debits before credits. 1. Prepare joumal entries to record the following transactions for Sherman Systems. o. Purchased 6,000 shares of its own common stock at $35 per share on October 11 . b. Sold 1,250 treasury shares on November 1 for $41 cash per share. c. Sold all remaining treasury shares on November 25 for $34 cash per share. 2. Prepare the stockholders' equity section after the October 11 treasury stock purchase. Complete this question by entering your answers in the tabs below. Prepare the stockholders' equity section after the October 11 treasury stock purchase
