Entries for Issuing No-Par Stock On May 15, Helena Carpet Inc, a carpet wholesales, issued for cash 190,000 shares of no-par common stock (with a stated value of $5) at $15, and on June 30, it issued for cash 25,000 shares of preferred stock, $70 par at $75. a. Doumakze the entries for May 15 and June 30, assuming that the common stock is to 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 June 30 Cash Preferred Stock Paid-In Capital in Excess of Par Preferred Stock Check My Work 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 recorded the sale of stock b. What is the total amount invested (total paid in capta) by all stockholders as of June 307