Entries for Issuing Par Stock On January 22, Jefferson County Rocks Inc., a marble contractor,...
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Accounting
Entries for Issuing Par Stock
On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 35,000 shares of $10 par common stock at $34, and on February 27, it issued for cash 110,000 shares of preferred stock $5 par at $7.
a. Journalize the entries for January 22 and February 27.
If an amount box does not require an entry, leave it blank.
Jan. 22
fill in the blank 841e4bfd4fac061_2
fill in the blank 841e4bfd4fac061_3
fill in the blank 841e4bfd4fac061_5
fill in the blank 841e4bfd4fac061_6
fill in the blank 841e4bfd4fac061_8
fill in the blank 841e4bfd4fac061_9
Feb. 27
fill in the blank 841e4bfd4fac061_11
fill in the blank 841e4bfd4fac061_12
fill in the blank 841e4bfd4fac061_14
fill in the blank 841e4bfd4fac061_15
fill in the blank 841e4bfd4fac061_17
fill in the blank 841e4bfd4fac061_18
b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27? $fill in the blank bf752eff500dfdd_1
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