Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 35,000 shares of $24 par common stock at $82, and on February 27, it issued for cash 160,000 shares of preferred stock, $5 par at $9. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Jan. 22 Cash Common Stock Paid-In Capital in Excess of Par-Common Stock II III III III Feb. 27 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock