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Prepare journal entries to record each of the following four separate issuances of stock. 1. A corporation issued 3,000 shares of $30 par value common stock for $108,000 cash. 2. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $45,500. The stock has a $3 per share stated value. 3. A corporation issued 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $45,500. The stock has no stated value. 4. A corporation issued 750 shares of $25 par value preferred stock for $64,250 cash. View transaction list Record the issue of 3,000 shares of $30 par value common stock for $108,000 cash. 54,250 B Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $45,500. The stock has a $3 per share stated value. Credit C Record the issue of 1,500 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $45,500. The stock has no stated value. D Record the issue of 750 shares of $25 par value preferred stock for $64,250 cash. Note : = journal entry has been entered Record entry Clear entry View general journal Sudoku Company issues 29,000 shares of $6 par value common stock in exchange for land and a building. The land is valued at $243,000 and the building at $373,000. Prepare the journal entry to record issuance of the stock in exchange for the land and building. View transaction list Journal entry worksheet A > Record the issue of 29,000 shares of $6 par value common stock in exchange for land valued at $243,000 and a building valued at $373,000. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal

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