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Exercise 11-2 Accounting for and no-par stock issuances P1 Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20, 1.

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Exercise 11-2 Accounting for and no-par stock issuances P1 Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20, 1. The stock has a $2 par value. 2. The stock has neither par nor stated value. par, stated,Prepare journal entries to record this event under each of the following separate situations. 3. The stock has a $5 stated value

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