Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO PI Rodriguez Corporation issues 15,000 shares of its common stock for $99,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $4 par value. 2. The stock has neither par nor stated value 3. The stock has a $2 stated value. View transaction list Journal entry worksheet 2 3 nces Record the issue of 15,000 shares of $4 par value common stock for $99,500 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 15,000 shares of its common stock for $99,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $4 par value. 2. The stock has neither par nor stated value. 3. The stock has a $2 stated value. View transaction list Journal entry worksheet 1 2 3 Record the issue of 15,000 shares of no-par, no-stated value common stock for $99,500 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 15,000 shares of its common stock for $99,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations 1. The stock has a $4 par value. 2. The stock has neither par nor stated value. 3. The stock has a $2 stated value. View transaction list Journal entry worksheet