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Following are the issuances of stock transactions. A corporation issued 10,000 shares of $10...

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Accounting

Following are the issuances of stock transactions.
A corporation issued 10,000 shares of $10 par value common stock for $120,000 cash.
A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has a $1 per share stated value.
A corporation issued 5,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $49,000. The stock has no stated value.
A corporation issued 2,500 shares of $75 par value preferred stock for $236,500 cash.
Prepare journal entries to record each of the following four separate issuances of stock.
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