(Solved): Analyze each transaction from issuances of stock by showing its effect on the accounting equation ...

Analyze each transaction from issuances of stock by showing its effect on the accounting equation— specifically, identify the accounts and amounts (including + or ?) for each transaction.

Required information Use the following information for Exercises 4-5 below. (Static) [The following information applies to the questions displayed below.] Following are the issuances of stock transactions. 1. A corporation issued 4,000 shares of \( \$ 5 \) par value common stock for \( \$ 35,000 \) cash. 2. A corporation 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 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 \( \$ 40,000 \). The stock has no stated value. 4. A corporation issued 1,000 shares of \( \$ 50 \) par value preferred stock for \( \$ 60,000 \) cash. Exercise 11-5 (Static) Analyzing impact of stock issuance transactions LO P1 Analyze each transaction from issuances of stock by showing its effect on the accounting equation- specifically, identify the accounts and amounts (including + or -) for each transaction.