On January 6, Dee-Light Corporation issued for cash 21,700 shares of $1 par value common stock at $33 per share. On May 10, Dee-Light issued at par 4,750 shares of preferred 5% stock, $20 par for cash. On June 22, Dee Light issued for cash 22,950 shares of 5%, $25 par value preferred stock at $28 per share. Determine the amount of cash that Dee-Light will receive from each of these stock issuances Issue Date January 6 Cash Received Check My Work more Check My Work uses remaining Chapter 13 Homework On January 6, Dee-Light Corporation issued for cash 21,700 shares of $1 par value common stock at $33 per share. On May 10, Dee-Light issued at par 4,750 shares of preferred 5% stock, $20 par for cash. On June 22, Dee-Light issued for cash 22,950 shares of 5%, $25 par value preferred stock at $28 per share. Determine the amount of cash that Dee-Light will receive from each of these stock issuances Issue Date Cash Received January 6 May 10 $ $ June 22 Remember that when stock is issued at a premium, Cash is debited for the amount received, Recording in the Accounting System Journalize the entry to record the January 6 issuance of common stack. If an amount box does not require an entry, leave it blank or enter "0" Jan. 6 Sash Common Stock Paid-in Capital in Excess of Par 88: x Chapter 13 Homework Excess Journalize the entry to record the May 10 issuance of preferred stock May 10 Cash Preferred Stock Tow My A Party conect Journelize the entry to record the June 22 issuance of preferred stock. If an amount box does not require an entry, leave it blank or enter "0" June 22 Sash S Preferred Stock Paid-in Capital in Excess of Par 88: 1 Clack My Recall that a separate account is used for recording the amount of each class of stock issued to investors in a corporation. Remember that when stock is issued at a premium, Cash is debited for the amount received. Common Stock or Preferred Stock is credited for the par (or stated) amount. The excess of the amount paid over par (or the stated) amount is credited to a separate paid-in capital account for the