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Requlred informotion [The followning information apples lo the questions displayed below] Followng are the issuances of stock transactions. 1. A corporation issued 4.000 shares of

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Requlred informotion [The followning information apples lo the questions displayed below] Followng are the issuances of stock transactions. 1. A corporation issued 4.000 shares of $5 par value common stock for $35,000 cash 2. A corporation ussued 2.000 shares of no-pat common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value. 3. A corporation issued 2,000 shates of no-par common stock to its promoters in exchange for thell efthth, estimated to be worth $40,000 The stock has no stated vasue 4. A corporation istued 1,000 shares of $50 par vakie preferted stock for $60,000 cash Analyze each transaction fiom issuances of stock by showing its effect on the accounting equation-specifically, identify the accounts and amounts pncluding + or for each transaction

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