Journal A - Record the issue of 5,000 shares of $2 par value common stock for $60,000 cash.

Journal B - Record the issue of 5,000 shares of no-par, no-stated value common stock for $60,000 cash.

Journal C - Record the issue of 5,000 shares of $1 stated value common stock for $60,000 cash.

Rodriguez Corporation issues 5,000 shares of its common stock for $60,000 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 $1 stated value. View transaction list Journal entry worksheet Record the issue of 5,000 shares of $2 par value common stock for $60,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal