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Use the following Information for Exerclses 4 - 5 below. ( Algo ) [ The following information applies to the questions displayed below. ] Following

Use the following Information for Exerclses 4-5 below. (Algo)
[The following information applies to the questions displayed below.]
Following are the issuances of stock transactions.
A corporation issued 2,000 shares of $10 par value common stock for $24,000 cash.
A corporation Issued 1,000 shares of no-par common stock to its promoters in exchange for thelr efforts, estlmated to be worth $59,000. The stock has a $6 per share stated value.
A corporation Issued 1,000 shares of no-par common stock to its promoters in exchange for thelr efforts, estimated to be worth $59,000. The stock has no stated value.
A corporation Issued 500 shares of $75 par value preferred stock for $96,500 cash.
Exercise 13-5(Algo) Analyzing impact of stock issuance transactions LO P1
Analyze each transaction from Issuances of stock by showing Its effect on the accounting equation-specifically, Identify the accounts and amounts (Including + or -) for each transaction.
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