k t nces Rodriguez Corporation issues 18,000 shares of its common stock for $294,500 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $14 par value. 2. The stock has neither par nor stated value. 3. The stock has a $7 stated value. View transaction list Journal entry worksheet A B C Record the issue of 18,000 shares of $14 par value common stock for $294,500 cash. Note: Enter debits before credits. Transaction Cash General Journal Debit Credit 294,500 Record entry Clear entry View general journal >