X S 1 A 2 BE11-3 Account Paid-in capital in excess of stated value 3 A Date 5 1-Jun 16 17 18 19 20 BE114 21 22 Date 23 Land 24 25 26 27 28 29 30 31 32 Account Common Stock (at par) Paid-in capital in excess of par BE11-2 to 11-4 BE11-7 and 10 ELL C D E F G H J K L M N D P Debit Credit Follow the logic from BE11-2 to complete this problem Debit Credit Base this on the market value of shares issued; not the land listing price! D of no-par of stock in a rad stock BE11.3 (LO 2), AP On June 1, Noonan Inc. issues 4,000 shares of no-par common stock at a cash price of $6 per share. Journalize the issuance of the shares assuming the stock has a stated value of $1 per share. BE11.4 (LO 2), AP Lei Inc.'s $10 par value common stock is actively traded at a market price of $15 per share. Lei issues 5,000 shares to purchase land advertised for sale at $85,000. Journalize the issuance of the stock in acquiring the land. BF115 (102) AP Laves Inc issues 8.000 shares of $100 par value preferred stock for cash at $106 per