Exercise 11-3 (Static) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 19,000 shares of its common stock for $152,000 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 $5 stated value. Journal entry worksheet Record the issue of 19,000 shares of no-par, no-stated value common stock for $152,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal A B C Record the issue of 19,000 shares of $5 stated value common stock for $152,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal