Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations Debit 300,000 General Journal Credit a. Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 250,000 50,000 b. Organization Expenses 150,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 125,000 25,000 43,000 15,000 81,500 c. Caslh Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 59,500 50,000 30,000 d. Cash 120,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 75,000 45,000