Entries for Issuing No-Par Stock On May 15, Helena Carpet Inc., a carpet wholesaler, issued for cash 225.000 shares of no-par common stock (with a stated value of $3) at $9, and on June 30, it issued for cash 30,000 shares of preferred stock, $70 par t $74. a. Journalize the entries for May 15 and June 30, assuming that the common stock is be credited with the stated value. If an amount box does not require an entry, leave it blank. May 15 Cash Common Stock Paid In Capital in Excess of Stated Value Common Stock Cash June 30 Preferred Stock Paid-In Capital in Excess of Par-Preforrod Stock s the total amount invested (totalpaid-in capital) by all stockholders as of June 30? b. What Entries for Cash Dividends The declaration, record, and payment dates connection with a cash dividend of $21,300 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date. If no entry is required, select "No entry required" and leave the amount boxes blank. Cash Dividends July 5 Cash Dividends Payable Aug. 31 No entry required No entry required Cash Dividends Payable Oct. 1 Cash