[The following information applies to the questions displayed below) Following are the issuances of stock transactions 1. A corporation issued 8,000 shares of $5 par value common stock for $48,000 cash 2. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,000. The stock has a $1 per share stated value 3. A corporation issued 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $53,000. The stock has no stated value 4. A corporation issued 2,000 shares of $50 par value preferred stock for $153,000 cash Prepare journal entries to record each of the following four separate issuances of stock View transaction tist Journal entry worksheet