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Following are the issuances of stock transactions.

1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash.

2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $46,000. The stock has a $2 per share stated value.

3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $46,000. The stock has no stated value.

4. A corporation issued 1,000 shares of $75 par value preferred stock for $121,000 cash.

Analyze each transaction from issuances of stock by showing its effect on the accounting equation- specifically, identify the accounts and amounts (including + or ) for each transaction