Question: please answer each probelm with Given Numbers. Will be much appreciated! Problem 1: 10 points Prepare journal entries to record the following four separate issuances

please answer each probelm with Given Numbers. Will be much appreciated!
please answer each probelm with Given Numbers. Will be much appreciated! Problem

Problem 1: 10 points Prepare journal entries to record the following four separate issuances of stock. 1. A corporation issued 4,000 shares of 55 par value common stock for 535,000 cash 2. A corporation issued 2.000 shares of no-par common stock to its promoters in exchange for their eflorts, estimated to be worth $40,000. The stock, has a $1 per share stated value 3. A corporabion issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value. 4. A corporation issued 1.000 shares of $50 par value preferred stock for $60,000 cash

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