Entries for issuing par stock Obj. 2 On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 210,000 shares of

$30 par common stock at $34, and on February 27, it issued for cash 15,000 shares of preferred stock, $9 par at $12.

a. Journalize the entries for January 22 and February 27.

b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

AppendixLO1