Answer:
Event 1 : The stock has a $8 par value.
Debit : Cash $145,600
Credit : Common Stock $96,000
Credit : Paid in excess of par $49,600
Event 2 : The stock has neither par nor stated value.
Debit : Cash $145,600
Credit : Common Stock $145,600
Event 3 : The stock has a $4 stated value.
Debit : Cash $145,600
Credit : Common Stock $48,000
Credit : Paid in excess of par $97,600
Explanation:
The journal entries have been prepaid above
