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Please answer all parts of the question. Entries for issuing no-par stock Instructions Chart of Accounts Journal Final Question Instructions On May 15, Helena Carpet
Please answer all parts of the question. Entries for issuing no-par stock Instructions Chart of Accounts Journal Final Question Instructions On May 15, Helena Carpet Inc., a carpet wholesaler, issued for cash 730,000 shares of no-par common stock (with a stated value of $1.70) at $4.70, and on June 30, it issued for cash 24,700 shares of preferred stock. $45 par at $61 Required: a. Journalize the entries for May 15 and June 30, assuming that the common stock is to be credited with the stated value. Refer to the Chart of Accounts for exact wording of account titles b. What is the total amount invested (total paid-in capital) by all stockholders as of June 307 astructions Chart of Accounts Journal Final Question urnal Final Question b. What is the total amount invested (total paid-in capital) by all stockholders as of June 30? $
Please answer all parts of the question.
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