Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation Issues 9,000 shares of Its common stock for $58,800 cash on February 20. Prepare journal entrles to record this event under each of the following separate situations. 1. The stock has a $4 par value. 2. The stock has nelther par nor stated value. 3. The stock has a $2 stated value. Journal entry worksheet Record the issue of 9,000 shares of $4 par value common stock for $58,800 cash. Note: Enter debits before credits. Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation Issues 9,000 shares of its common stock for $58,800 cash on February 20. Prepare journal entrles to record this event under each of the following separate situations. 1. The stock has a $4 par value. 2. The stock has nelther par nor stated value. 3. The stock has a $2 stated value. Journal entry worksheet Record the issue of 9,000 shares of no-par, no-stated value common stock for $58,800cash. Note: Enter debits before credits. Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation Issues 9,000 shares of Its common stock for $58,800 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 nelther par nor stated value. 3. The stock has a $2 stated value. Journal entry worksheet Record the issue of 9,000 shares of $2 stated value common stock for $58,800 cash. Note: Enter debits before credits