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Exercise 11-1 (Algo) Characteristics of corporations LO C1 Match each corporate characteristic 1 through 8 with the description that best relates to it. porate characteristic 1 through 8 with the description that best relates to it. Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 13,000 shares of its common stock for $257,300 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $16 par value. 2. The stock has nelther par nor stated value. 3. The stock has a $8 stated value: Journal entry worksheet Record the issue of 13,000 shares of $16 par value common stock for $257,300 cash. Journal entry worksheet Record the issue of 13,000 shres of no-par, no-stated value common stock for $257,300 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 13,000 shares of $8 stated value common stock for $257,300 cash. Note: Enter debits before credits