Exercise 13-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 7,000 shares of its common stock for $153,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 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 < A B C Record the issue of 7,000 shares of $18 par value common stock for $153,500 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit