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Tssuing Comenen Stock Vaider Monufacturing sold 21,600 shares of cocnmon stock to stockholders at the time of its incorporation. Vaidez received $24,40 per share for

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Tssuing Comenen Stock Vaider Monufacturing sold 21,600 shares of cocnmon stock to stockholders at the time of its incorporation. Vaidez received $24,40 per share for the stock. Requiredt 1. Assime that the stock has a $20 par value per share. Prepare the journal entry to record the sale and issue of the stock. If an amount box does not require an entry, lesve it blank. 2. Assume that the stock has a $15 ttated value per-share: Prepare the journal entry to record the sale and issue of the stock. If an amount box does not require an entry, leave it blank. 3. Assume that the stock has no par value and no stated value. Prepare the foumal entry to record the sale and issue of the stock. If an amount bak does not require an entry. leave 4. Conceptual Connecoion: How do the different par values affech total contributed capital and total Mockholdera': equity? The different par values total capital stock or total stockholders' equity

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