Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 19,000 shares of its common stock for $70,300 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $2 par value. 2. The stock has neither par nor stated value. 3. The stock has a $1 stated value. View transaction list View journal entry worksheet No Transaction General Journal Debit Credit A Cash Common stock, no-par value