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Entries for issting par stock On.january 22, Jefferson County Rocks Inc, a marble contractor, issued for cash 50,000 shares of $24 par common stock at
Entries for issting par stock On.january 22, Jefferson County Rocks Inc, a marble contractor, issued for cash 50,000 shares of $24 par common stock at $32, and on February 27 , it issued for cash 140,000 shares of preferred stock, $4 par at $6. a. Journalize the entries for January 22 and February 27 . If an amount box does not require an entry, leave it blank. b. What is the total amount invested (total paid-in capital) by all stockholders as of February 277
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