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What would the journalized response be? Skylar Systems completed the following stock issuance transactions: May 19 Issued 1,700 shares of $2 par value common stock

What would the journalized response be?

Skylar Systems completed the following stock issuance transactions:

May 19 Issued 1,700 shares of $2 par value common stock for cash of $9.50 per share.
Jun. 3 Issued 200 shares of $9, no-par preferred stock for $10,000 cash.
11 Received equipment with a market value of $76,000 in exchange for 3,000 shares of the $2 par value common stock.

Requirements

Journalize the transactions. Explanations are not required.

How much paid-in capital did these transactions generate for Skylar Systems?

Date Accounts and Explanation Debit Credit 19-May Cash (per share x amount of shares) xx Common Stock (par value x amount of shares) xx Paid-in capital in Excess of Par xx 3-Jun Cash xx Preferred Stock xx 11-Jun Equipment xx Common Stock (par value x amount of shares) xx Paid-in Capital in Excess of Par xx Requirement 2 Cash for common Stock xx Cash for preferred Stock xx Equip for Common Stock xx Total paid-in Capital $102,150

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