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Exerclse 13-3 (Algo) AccountIng for par, stated, and no-par stock Issuances LO P1 Rodriguez Corporation issues 9,000 shares of its common stock for $112,000 cash

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Exerclse 13-3 (Algo) AccountIng for par, stated, and no-par stock Issuances LO P1 Rodriguez Corporation issues 9,000 shares of its common stock for $112,000 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2 The stock has neither par nor stated value. 3. The stock has a $4 stated value. Journal entry worksheet Record the issue of 9,000 shares of $8par value common stock for $112,000 cash, Nale: Enler dediz delare cediz. Exerclse 13-3 (Algo) AccountIng for par, stated, and no-par stock Issuances LO P1 Rodriguez Corporation issues 9,000 shares of its common stock for $112,000 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2 The stock has neither par nor stated value. 3. The stock has a $4 stated value. Journal entry worksheet Record the issue of 9,000 shares of no-par, no-stated value common stock for $112,000 cash. Nale: Enler dedisz befale cedis. Exerclse 13-3 (Algo) AccountIng for par, stated, and no-par stock Issuances LO P1 Rodriguez Corporation issues 9,000 shares of its common stock for $112,000 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $8 par value. 2 The stock has neither par nor stated value. 3. The stock has a $4 stated value. Journal entry worksheet Record the issue of 9,000 shares of $4 stated value common stock for $112,000 cash. Nale: Enle dedib Defale cedis

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