accounting

Rodriguez Corporation issues 14,000 shares of its common stock for $224,300 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $14 par value. 2. The stock has neither par nor stated value. 3. The stock has a $7 stated value. (8 022520 View transaction list Journal entry worksheet 2 3 Record the issue of 14,000 shares of $14 par value common stock for $224,300 cash. Note: Enter debits before credits General Journal Debit Transaction Credit Prev 1 of 8 Next > MacBook