Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO P Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 cash on February 20. 1. Assume the stock has a $2 par value. Prepare journal entries to record this event Feb. 20 152.000 Common stock, $2 par value Paid-n capital in excess of par value, common stock 8,000 1140000 Assume the stocok has nelther par nor stated value Prepare joumial entries to recond this avert Feb. 20 Cash 152,000 Common stock, no-par value 152,000 3. Assume the stock has an $5 stated value Prepare jounal entries to record this event Feb. 20 Cash 152,000 Common stock, $5 stated value Paid-n capital in excess of par value, common stock 95,000 57.000 8 4 5 6 7 8 9 0