want to know how to calculate paid in capital in excess of par common having problem with that.

W E13-23 (similar to) Question Help The charter for KWVN-TV, Inc. authorizes the company to issue 100,000 shares of $3, no-par preferred stock and 500,000 shares of common stock with $1 par value. During its start-up phase, KWVN - TV completed the following transactions: i (Click on the icon to view the transactions) Read the requirements x More Info Sep. 6 Issued 250 shares of common stock to the promoters who organized the corporation, receiving cash of $7,500. 12 Issued 750 shares of preferred stock for cash of $30,000. 14 Issued 1,400 shares of common stock in exchange for land with a market value of $22,000 Print on Requirements 1. Record the transactions in the general journal. 2. Prepare the stockholders' equity section of the KWVN - TV balance sheet at September 30, 2018, assuming KWVN-TV, Inc. had net income of $34,000 for the month. Print