Exercise 11-3 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 7,000 shares of its common stock for $165,300 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 19 1. The stock has a $18 par value. 2. The stock has neither par nor stated value. 3. The stock has a $9 stated value. View transaction list Journal entry worksheet ences Record the issue of 7,000 shares of $18 par value common stock for $165,300 cash. Note: Enter debits before credits Transaction General Journal Dobit Credit Cash