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Use the following information for Exercises 45 below, (Algo) (The following information applies to the questions displayed below] Following are the issuances of stock transactions.

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Use the following information for Exercises 45 below, (Algo) (The following information applies to the questions displayed below] Following are the issuances of stock transactions. 1. A corporation issued 6,000 shares of $30 par valve common stock for $2$6,000 cash. 2. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange foc their effocts, estimated to be worth $51500. The stock has a $2 per share stated value. 3. A corporation issued 3.000 shares of no-por common stock to its promoters in exchange foc their efforts, estimated to be worth $5t500. The stock has no slated vilue. 4. A corporation issued 2500 shares of $75 por value prelerred stock for $164,000cash Exercise 11-5 (Algo) Analyzing impact of stock issuance transactions LO P1 Analyze each varsaction fiom iswances of stock by showing its effect on the accounting equation - specifically, identfy the accounts and amounts fincluding + of for each transaction

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