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Required informotion Use the following information for Exercises 4.5 below. (Algo) [The following information applies to the questions displayed below] Following are the issuances of stock transactions. 1. A corporation issued 6,000 shares of $20 por value common stock for $144,000 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 $56,000 The stock has a $2 per share stated volue 3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be wocth $56.000. The stock has no stated value. 4. A corporation issued 1,500 shares of $75 par value preferred stock for $168,500cash Required informotion Use the following information for Exercises 4.5 below. (Algo) [The following information applies to the questions displayed below] Following are the issuances of stock transactions. 1. A corporation issued 6,000 shares of $20 por value common stock for $144,000 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 $56,000 The stock has a $2 per share stated volue 3. A corporation issued 3,000 shares of no-par common stock to its promoters in exchange for their efforts, estimated to be wocth $56.000. The stock has no stated value. 4. A corporation issued 1,500 shares of $75 par value preferred stock for $168,500cash

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