Answer: Please see answer in explanation column
Explanation:
1. Being issued in excess of par value 
Account titles & Explanations              Debit             Credit  
 Cash                                           $108,000    
Common stock(9,000 x 10)                                      $90,000  
paid in capital in excess of par value
 Common Stock(108,000 - 90,000)                          $18,000
2.Being issued to promoters at stated value 
 Account titles & Explanations     Debit           Credit  
 Organisational expense           $49,500  
common stock	(4500 x 1 )                                          $4,500  
paid in capital in excess of stated value
Common stock   (49,500 -4,500)                                   $45,000  
3 Being issued to promoters at no stated value
Account titles & Explanations              Debit                Credit  	
         organisational expense          $49,500	
 Common stock of no par value                                 $49,500  
           
4 Being issued  of preferred shared in excess of par value 
Account titles & Explanations           Debit                 Credit  
                Cash           $105,750  
Preferred Stock(2,250 X $25)                                   $56,250  
paid in capital in excess of par value
of preferred stock (  $105,750-  $56,250)                $49,500