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6. EX.13-03.ALGO (Algorithmic) Entries for Issuing Par Stock On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 140,000 shares of $8 par

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6. EX.13-03.ALGO (Algorithmic) Entries for Issuing Par Stock On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 140,000 shares of $8 par common stock at $12, and on November 19, it issued for cash 65,000 shares of $25 par preferred stock at $85. a. Journalize the entries for October 31 and November 19. For a compound transaction, if an amount box does not require an entry, leave it blank. oct. 31 Casn Common 5,000 x 5,525,000 1625,000,cX251,025,000 Nov. 19 casn 5,525,000 prefened 3,900 000 b. What is the total amount invested (total paid-in capital) by all stockholders as of November 1 $5,3,000

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