Entries for Issuing Par Stock

On October 31, Pidgeon Stones Inc., a marble contractor, issued for cash 150,000 shares of $4 par common stock at $6, and on November 19, it issued for cash 30,000 shares of preferred stock, $25 par at $85.

Question Content Area

a. Journalize the entries for October 31 and November 19. If an amount box does not require an entry, leave it blank.

Oct. 31	CashCommon StockPaid-In Capital in Excess of Par-Common StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
	CashCommon StockPaid-In Capital in Excess of Par-Preferred StockPreferred StockRetained Earnings	- Select -	- Select -
	CashPaid-In Capital in Excess of Par-Common StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
Nov. 19	CashCommon StockPaid-In Capital in Excess of Par-Common StockPaid-In Capital in Excess of Par-Preferred StockPreferred Stock	- Select -	- Select -
	CashCommon StockPaid-In Capital in Excess of Par-Common StockPreferred StockRetained Earnings	- Select -	- Select -
	CashCommon StockPaid-In Capital in Excess of Par-Common StockPaid-In Capital in Excess of Par-Preferred Stock	- Select -	- Select -

Question Content Area

b. What is the total amount invested (total paid-in capital) by all stockholders as of November 19? $fill in the blank 05245000f03dfd5_1