Use the following information for Exercises 4-5 below. (Algo) [The following information applies to the questions displayed below] Following are the issuances of stock transactions. 1. A corporation issued 8,000 shares of $20 par value common stock for $192,000 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 $42,000. 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 $42,000. The stock has no stated value. 4. A corporation issued 2,000 shares of $75 par value preferred stock for $192,000 cash. Journal entry worksheet Record the issue of 8,000 shares of $20 par value common stock for $192,000 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $42,000. The stock has a $1 per share stated value. Note: Enter debits before credits. Journal entry worksheet Record the issue of 4,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $42,000. The stock has no stated value. Note: Enter debits before credits. Journal entry worksheet Record the issue of 2,000 shares of $75 par value preferred stock for $192,000 cash. Note: Enter debits before credits