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Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 60,000 shares of $8 par common stock
Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 60,000 shares of $8 par common stock at $27, and on February 27, it issued for cash 90,000 shares of preferred stock, $4 par at $7. a. Journalize the entries for January 22 and February 27. If an amount box does not require an entry, leave it blank. Cash Jan. 22 Common Stock Paid-In Capital in Excess of Par-Common Stock 111 111 III Feb. 27 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock Feedback b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27? $
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