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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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