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. 1. A corporation issued 3,000 shares of $20 par value common stock for $72,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,000. The stock has a $3 per share stated valuo. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their elforts, estimated to be worth $51,000. The stock has no stated value. 4. A corporation issued 750 shares of $100 per value preferred stock for $126,000cash Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation- specibcally, identify the accoursts and amounts (including + or - ) for each transaction. Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically, identify the ac and amounts (including + or - ) for each transaction. is issuance transactions LO P1 Ning its effect on the accounting equation-specifically, identify the accounts 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. 1. A corporation issued 3,000 shares of $20 par value common stock for $72,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $51,000. The stock has a $3 per share stated valuo. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their elforts, estimated to be worth $51,000. The stock has no stated value. 4. A corporation issued 750 shares of $100 per value preferred stock for $126,000cash Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation- specibcally, identify the accoursts and amounts (including + or - ) for each transaction. Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation-specifically, identify the ac and amounts (including + or - ) for each transaction. is issuance transactions LO P1 Ning its effect on the accounting equation-specifically, identify the accounts