eweUI ll ledd l l l leducatin.com/TION/Connect.html pter 13 Preferred Stock Saved Help 3 Kinkaid Co. is incorporated at the beginning of this year and engages in a number of transactions. The following journal entries impacted its stockholders' equity during its first year of operations. General Journal Debit Credit 245, 000 65,000 a. Cash 310,000 .34 Common Stock, $25 Par Value ints Paid-In Capital in Excess of Par Value, Commorn Stock eBook b. Organization Expenses 190,000 Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock Print 129,000 References 61,000 45, 500 16,000 82, 500 c.Cash Accounts Receivable Building Notes Payable Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 60,000 54, e00 30,000 149,000 d. Cash Common Stock, $25 Par Value Paid-In Capital in Excess of Par Value, Common Stock 78,000 71,000