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Prepare journal entries to record each of the following four separate Issuances of stock 1. A corporation issued 4,000 shares of $20 par value common stock for $96.000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for thelr efforts, estimated to be worth $28,000. The stock has a $1 per share stated value. 3. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $28,000. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $78,000 cash. View transaction list Journal entry worksheet A D ences Record the issue of 4,000 shares of $20 par value common stock for 596.000 cash. Note Enter debits before credits Debit General Journal Transaction Credit Prev 2018 Next > Journal entry worksheet A > Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $28,000. The stock has a $1 per share stated value. Note: Enter debits before credits Transaction General Journal Debit Credit 2 Journal entry worksheet A B D Record the issue of 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $28,000. The stock has no stated value. Note: Entar debits before credits. General Journal Debit Credit Transaction 3 Journal entry worksheet Record the issue of 1,000 shares of $50 par value preferred stock for $78,000 cash Note: Enter debits before credits Transaction General Journal Debit Credit

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