A company issues 1,200 shares of its common stock for $38,400 cash. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has neither par value nor stated value. 2. The stock has a $1 stated value. 3. The stock has a $2 par value. View transaction list Journal entry worksheet A .

A company issues 1,200 shares of its common stock for $38,400 cash. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has neither par value nor stated value. 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