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On May 15, Helena Carpet Inc, a carpet wholesaler, issued for cash 170,000 shares of no-par common stock (with a stated value of $4) at $12, and on June 30, for cash 000 shares of preferred stock, $80 par at $83. a. Journaize the entries for May 15 and June 30, assuming that the common stock is to be credited with the stated value. If an amount bow does not require an entry leave it blank May 15 June 30 b. What is the total amount invested (total paid-in capital) ty at standers as of June 30

O GO CO GO On May 15, Helena Carpet Inc, a carpet wholesaler, issued for cash 170,000 shares of no-par common stock (with a stated value of $4) at $12, and on June 30, it issued for cash 20,000 shares of preferred stock, $80 par at $83. ning murak a. Journalize the entries for May 15 and June 30, assuming that the common stock is to be credited with the stated value. If an amount box does not require an entry leave it blank. May 15 June 30. b. What ✔D Cash Common Stock Paid-in Capital in Excess of Par-Preferred Stock Pald-in Capital in Excess of Retained Earnings Stated Valve-Common Stock holders as of June 307