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Help Save & Exi Exercise 11-2 Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 19,000 shares of its common stock

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Help Save & Exi Exercise 11-2 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 View transaction list Journal entry worksheet 2 3 Record the issue of 19,000 shares of $2 par value common stock for $152,000 cash Note: Enter debits before credits. Transaction General Journal Debit Credit Next > e here to search Journal entry worksheet Record the issue of 19,000 shares of no-par, no-stated value common stock for $152,000 cash. 02:53:30 Note: Enter debits before credits. eBook Transaction General Journal Debit Credit Print eferences Record entry Clear entry View general journal Pley 1017 Next > pe here to search Chapter 11 HW Saved View transaction list 1 Journal entry worksheet O Type here to search Saved Help Save & E 1 A corporation issued 4,000 shares of $5 par value common stock for $35.000 cash 2A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value. 3. A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $60,000 cash. View transaction list 52.59 Journal entry worksheet here to search D wie same Saved Help Save & E 1 A corporation issued 4,000 shares of $5 par value common stock for $35.000 cash 2A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has a $1 per share stated value. 3. A corporation issued 2,000 shares of no par common stock to its promoters in exchange for their efforts, estimated to be worth $40,000. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $60,000 cash. View transaction list 52.59 Journal entry worksheet here to search D wie same M U JULI U NS Promoters in exchange for their efforts, estimated to be wor $40,000. The stock has no stated value. 4. A corporation issued 1,000 shares of $50 par value preferred stock for $60,000 cash View transaction list Journal entry worksheet - here to search 4. A corporation issued 1,000 shares of $50 par value preferred stock for $60,000 cash. View transaction list Journal entry worksheet be here to search

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