of record July $15.$ The market price of the stock was $$117$ a share on June $30.$

If no entry is required, select $"$No Entry Required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank.

Journalize the entry required on June $30.$

June $30$

$326,700$

Common Stock

$326,700$

Paid$-$in Capital in Excess of Par$-$Common Stock

Journalize the entry required on July $15.$

Journalize the entry required on July $30.$