Taino Corporation issued 5,000 shares of stock.

Instructions Prepare the entry for the issuance under the following assumptions.

(a) The stock had a par value of $7.50 per share and was issued for a total of $80,000.

(b) The stock had a stated value of $7.50 per share and was issued for a total of $95,000.

(c) The stock had no par or stated value and was issued for a total of $60,000.

(d) The stock had a par value of $7.50 per share and was issued to attorneys for services during incorporation valued at $40,000.

(e) The stock had a par value of $7.50 per share and was issued for land worth $65,000.