A company issues 1,140 shares of its common stock for $39,900 cash. Prepare journal entries to record this event under each of the following seperate situtions.

1. the stock has neither par value nor stated value
2. the stock has $1 stated value.
3. the stock has $2 par value.

A company issues 140 shares of its common stock for $39.900 cash. Prepare journal entries to record this event under following separate situations 1. The stock has neither par value nor stated vatue 2. The stock has a $1 stated value. 3. The stock has a $2 par value. Journal entry worksheet The stock has neither par value nor stated value. Note: Enter debits before credits. A company issues 140 shares of its common stock for $39.900 cash. Prepare journal entries to record this event under following separate situations 1. The stock has neither par value nor stated vatue 2. The stock has a $1 stated value. 3. The stock has a $2 par value. Journal entry worksheet The stock has neither par value nor stated value. Note: Enter debits before credits