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A Record the issue of 6,000 shares of $6 par value common stock for $72,000 cash. B Record the issue of 6,000 shares of no-par,

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A

Record the issue of 6,000 shares of $6 par value common stock for $72,000 cash.

B

Record the issue of 6,000 shares of no-par, no-stated value common stock for $72,000 cash.

C

Record the issue of 6,000 shares of $3 stated value common stock for $72,000 cash.

Rodriguez Corporation issues 6,000 shares of its common stock for $72,000 cash on February 20 . Prepare journal entries to record his event under each of the following separate situations. 1. The stock has a $6 par value. 2. The stock has neither par nor stated value. 3. The stock has a $3 stated value

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