P 20-8A (L03) (a) Cr. Paid-In Capital in Excess of Par- Common Stock: $5,000 CLGL STOCK SUBSCRIPTIONS Juneau & Associates had the following stock transactions during the year: (a) Received subscriptions for 100,000 shares of $1 par common stock for $105,000. (b) Received subscriptions for 5,000 shares of $15 par, 8% preferred stock for $80,000 (c) Received a payment of $55,000 on the (d) Received a payment of $40,000 on the (e) Issued 40,000 shares of $1 par common common stock subscription. preferred stock subscription. stock in exchange for a truck with a fair market value of $48,000. (f) Received the balance in full for the common stock subscription and issued the stock 808