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Business, 22.08.2020 23:01 jbernaaaaaal

On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 180,000 shares of $20 par common stock at $23, and on February 27, it issued for cash 25,000 shares of preferred stock, $7 par at $9. A. Journalize the entries for January 22 and February 27.
Jan. 22 Cash
Common Stock
Paid-In Capital in Excess of Par-Common Stock
Feb. 27 Cash
Preferred Stock
Paid-In Capital in Excess of Par-Preferred
B. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

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On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 180,000 shares of $...
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