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Share issuances for Cash Chase, Inc., issued 10,000 shares of 520 par value preferred stock at 550 per share and 8,000 shares of no par

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Share issuances for Cash Chase, Inc., issued 10,000 shares of 520 par value preferred stock at 550 per share and 8,000 shares of no par value common stock at $20 per share. The common stock has no stated value. All issuances were for cash a. Prepare the journal entries to record the share issuances b. Prepare the journal entry for the wance of the common stock assuming that it had a stated value of $10 per share. Prepare the journal entry for the ance of the common stock assuming that it had a par value of $2 per share General show Check

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