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 journaldebitcredita. cash280,000 common stock, $25 par value235,000 paid-in capital in excess of par value, common stock45,000b. organization expenses160,000 common stock, $25 par value126,000 paid-in capital in excess of par value, common stock34,000c. cash43,500 accounts receivable15,500 building82,100 notes payable59,600 common stock, $25 par value51,500 paid-in capital in excess of par value, common stock30,000d. cash133,000 common stock, $25 par value77,000 paid-in capital in excess of par value, common stock56,000