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Required information

Use the following information for Exercises $4-5$ below. $($Algo$)$

$[$The following information applies to the questions displayed below.$]$

Following are the issuances of stock transactions.

A corporation issued $3,000$ shares of $$10$ par value common stock for $$36,000$ cash.

A corporation issued $1,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$52,000.$ The stock has a $$3$ per share stated value.

A corporation issued $1,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated to be worth $$52,000.$ The stock has no stated value.

A corporation issued $750$ shares of $$75$ par value preferred stock for $$108,250$ cash.

Exercise $11-5($Algo$)$ Analyzing impact of stock issuance transactions LO P$1$

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.