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eBook Show Me How Calculator Print Item Entries for issuing Par Stock On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 150,000

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eBook Show Me How Calculator Print Item Entries for issuing Par Stock On October 31, Legacy Rocks Inc., a marble contractor, issued for cash 150,000 shares of $8 par common stock at $12, and on November 19, It issued for cash 45,000 shares of $12 par preferred stock at $41. 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 Cash Common Stock Accounting numeric field Pald-In Capital in Excess of Par Common Stock Nov. 19 Cash Preferred Stock Pald-In Capital in Excess of Par-Preferred Stock Check W Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corporation. Recall the definition of legal capital and what affect that has on recording the sale of stock. b. What is the total amount invested (total paid in capital) by all stockholders as of November 197 Check My Won Check My Work Previous Next > Emal instructor Save and it Submit Assignment for Grading

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