Motown Corporation has the following transactions: Common shares issued: 236,000

Par value per share: 1.00 $

Share issue costs in total: 248,000 $

Date issued/purchased: 1/1/X1

Purchased for per share: 33.00

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4.) Consider the required journal entrie(s). What is the NET CREDIT amount that goes to the Paid in Capital account.

5.) Consider the required journal entrie(s). What is the TOTAL impact on stockholder's equity from all journal entries?

If it is an INCREASE simply type in the amount.

If it is a DECREASE type in the amount with a minus sign in front such as -100.

If the answer is no impact type in the number zero "0"