Question 2 - Ch 11 Ex 1 - Connec X Cengage Digital Learning X *Course Hero X + X C D ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fonline.bismarckstate.edu%252Fwebapps%252Fblac. G Black Board campus connection HPS US. USFOODS OFFAVORS & DPIC SNA ] Menu Calendar [ School Email | Food Buying Guid [20] ) PrimeroEdge Scho. Reading list Ch 11 Ex 1 i Saved Help Save & Exit Submit Check my work 2 Required information 5 The following information applies to the questions displayed below.] points Following are the issuances of stock transactions. Skipped 1. A corporation issued 4,000 shares of $10 par value common stock for $48,000 cash. 2. A corporation issued 2,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to eBook be worth $32,500. The stock has a $2 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 Hint be worth $32,500. The stock has no stated value. Print 4. A corporation issued 1,000 shares of $50 par value preferred stock for $82,500 cash. References Prepare journal entries to record each of the following four separate issuances of stock. View transaction list Journal entry worksheet Hill