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Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 3,000 shares of $10 par value common stock for $36,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimat $48,000. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimat $48,000. The stock has no stated value. 4. A corporation issued 750 shares of $50 par value preferred stock for $85,500 cash. View transaction list Journal entry worksheet A B D > Record the issue of 3,000 shares of $10 par value common stock for $36,000 cash. Note: Enter debits before credits General Journal Debit Credit Transaction 1 Record entry Clear entry View general journal