Entries For issuing Par Stock

Entries for Issuing Par Stock

On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 35,000 shares of $18 par common stock at $61, and on February 27, it issued for cash 130,000 shares of preferred stock, $4 par at $8

a. Journalize the entries for January 22 and February 27.

B. what is the total amount invested (total paid-in-capital) by all stockholders as febuary 27.

Entries for issuing Par Stock On January 22, Jefferson County Hocks Inc, a marble contractor sued for cash 35,000 shares of 518 par common stockt 561and on February 27. led for cash 130.000 shares of reformak. 4 parat 53. d. Journaline the entries for January 22 and February 27. If an amount box does not require an entry leave it blank. Jan. 22 DIIII ub Feb, 27 b. With tots mounted by all holders