Question: Help Save &Exit Submi Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 6,000 shares of $30 par

four separate issuances of stock. 1. A corporation issued 6,000 shares of

$30 par value common stock for $216,000 cash. 2. A corporation issued

3,000 shares of no-par common stock to its promoters in exchange for

their efforts, estimated to be worth $48,500. The stock has a $2

Help Save &Exit Submi Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 6,000 shares of $30 par value common stock for $216,000 cash. 2. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $48,500. The stock has a $2 per share stated value. 3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $48,500. The stock has no stated value. 4. A corporation issued 1,500 shares of $75 par value preferred stock for $161,000 cash. View transaction list Journal entry worksheet Record the issue of 6,000 shares of $30 par value common stock for $216,000 cash. Note: Enter debits before credis. General Journal DebitCredit 5 8 Help View transaction list Journal entry worksheet Record the issue of 6,000 shares of $30 par value common stock for $216,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal Prev6 of 7 Next 8 3 4 9 View transaction list Journal entry worksheet Record the issue of 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $48,500. The stock has a $2 per share stated value. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal K Prev 6 of 7E Next > 3 4 5 8 9 View transaction list Journal entry worksheet Record the issue of 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $48,500. The stock has no stated value. Note: Enter debits before credits ransaction General Journal Debit Credit Record entry Clear entry View general journal 3 4 5 9 View transaction list Journal entry worksheet Record the issue of 1,500 shares of $75 par value preferred stock for $161,000 cash Note: Enter debits before credits, Transaction General Journal Debit Cre Record entry Clear entry View general journal Prev6 of 7 Next > Fa 3 4

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