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What is the total amount invested by all stockholders

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Reference no: EM132742826

Problem - Entries for issuing par stock - On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 210,000 shares of $30 par common stock at $34, and on February 27, it issued for cash 15,000 shares of preferred stock, $9 par at $12.

Required -

a. Journalize the entries for January 22 and February 27.

b. What is the total amount invested (total paid-in capital) by all stockholders as of February 27?

Reference no: EM132742826

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