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4 Rodriguez Corporation issues 11000 shares of its common stock for $185,700 cash on February 20. Prepare journal entries to record this event under each
4 Rodriguez Corporation issues 11000 shares of its common stock for $185,700 cash on February 20. Prepare journal entries to record this event under each of the following separate situations 1. The stock has a 514 par value 2. The stock has neither par nor stated value 3. The stock has a 57 stated value View transactions Journal entry worksheet Record the issue of 11.000 shares of 514 par value common stock for $185.700 ch A 00 B Record the issue of 11,000 shares of no-par, no-stated value common stock for $185,700 cash. ote: Enter debits before credits. Transaction General Journal Debit Credit 2 Journal entry worksheet B Record the issue of 11,000 shares of $7 stated value common stock for $185,700 cash. Note: Enter debits before credits Debit Credit General Journal Transaction 3
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