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Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 13,000 shares of its common stock for $265 200

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Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 13,000 shares of its common stock for $265 200 cash on February 20. Prepare journal entries to record this event under each of the following separate situations OK 1. The stock has a $18 pat value 2. The stock has neither par nor stated value 3. The stock has a $9 stated value ces View transaction list Journal entry worksheet B > Record the issue of 13,000 shares of $18 par value common stock for $265,200 cash. Record the issue of 13,000 shares of no-par, no-stated value common stock for $265,200 cash. Record the issue of 13,000 shares of $9 stated value common stock for $265,200 cash

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