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Required intormation Use the following information for Exercises 4-5 below. (Algo) [The following information applies to the questions displayed below] Following are the issuances of

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Required intormation 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 2,000 shares of $10 par value common stock for $24,000 cash. 2. A corporation issued 1,000 sheres of no-par common s1ock to its promosess in exchange for their efforts, estimated to be worth $34,000. The stock has a $3 per state stated vatue. 3. A corporation issued 1,000 shares of no-par common stock to its promotes in exchange for their effarts, estimated to. be worth $34.000. The stock has no stated value. 4. A corporation issued $00 shares of $100 par value preferred stock for $84,000 cash 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 accounts and amounts finctuding + or for each transaction

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