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Entries for issuing No-Par Stock On February 12. Quality Carpet Inc, a carpet wholesalersed for cash 1,000,000 shares of naar common stock (with a stated

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Entries for issuing No-Par Stock On February 12. Quality Carpet Inc, a carpet wholesalersed for cash 1,000,000 shares of naar common stock (with a stated value of 0.25) 41.20, and on Augustus 10,000 shares of preferred stock. $15 par at $21. a. Journalize the entries for February 12 and rotasuming that the common stock is to be credited with the stand votom. 1 in amount box does not remise en entre le turk Feb 12 Aud b. What is the total amount invested (tuhat said in alta} by a stockholders as et Margit 37

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