Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 30,000 shares of $10 par common stock at $34, and on February 27, it Issued for cash 110,000 shares or preferred stock, $8 par at $12. 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 Pald-In Capital in Excess of Par-Common Stock Feb. 27 Cash Preferred Stock Pald-In Capital in Excess of Par-Preferred Stock Feedback Tartak My Woo 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 recording the sale of stock. b. What is the total amount invested (total pald-in capital) by all stockholders as of February 27