Answer:
DEBIT	$ 84.000	Cash  
CREDIT	$ 70.000	Common Stock  
CREDIT	$ 14.000	Paid-In Capital in Excess of Par Value
  
DEBIT	$ 43.000	Promotion Expenses  
CREDIT	$ 3.500        Common Stock  
CREDIT	$ 39.500	Paid-In Capital in Excess of Par Value  
DEBIT	$ 43.000	Promotion Expenses  
CREDIT	$ 43.000	Common Stock  
DEBIT	$ 218.000	Cash  
CREDIT	$ 175.000	Preferred Stock  
CREDIT	$ 43.000	Paid-In Capital in Excess of Par Value  
Explanation:
DEBIT	$ 84.000	Cash  
CREDIT	$ 70.000	Common Stock  
CREDIT	$ 14.000         Paid-In Capital in Excess of Par Value  
As the company declared a par value, it's necessary to split the equity in two accounts, Common Stock  
for the stated value ($70,000) and the Paid in Capital for the excess of cash over the Common Stock ($14,000)  
DEBIT	$ 43.000	Promotion Expenses  
CREDIT	$ 3.500        Common Stock  
CREDIT	$ 39.500	Paid-In Capital in Excess of Par Value  
As the company declared a par value, it's necessary to split the equity in two accounts, Common Stock  
for the stated value ($3,500) and the Paid in Capital for the excess of the price over the Common Stock ($39,500)  
In this case there is no cash because the shares are in exchange for the promotions effort (Expenses)
DEBIT	$ 43.000	Promotion Expenses  
CREDIT	$ 43.000	Common Stock  
As the company declared no-par value, it's not necessary to split the equity in two accounts, full value to common stocks account
In this case there is no cash because the shares are in exchange for the promotions effort (Expenses)
DEBIT	$ 218.000	Cash  
CREDIT	$ 175.000	Preferred Stock  
CREDIT	$ 43.000	Paid-In Capital in Excess of Par Value  
Last escenario the company declared preffered stock and not Common ones, so the equity account in this case it's Preferred stock  
as the par value it's $100 ($175,000) to Preferred Stock and Paid in Capital for the excess of the price ($43,000)