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PLEASE ANSWER ALL THE QUESTIONS. THANKS Exercise 1 1 - 3 ( Algo ) Accounting for par, stated, and no - par stock issuances LO

PLEASE ANSWER ALL THE QUESTIONS. THANKS
Exercise 11-3(Algo) Accounting for par, stated, and no-par stock issuances LO P1 Exercise 11-3(Algo) Accounting for par, stated, and no-par stock issuances LO P1
Rodriguez Corporation issues 12,000 shares of its common stock for $166,800 cash on February 20. Prepare journal entries to record
this event under each of the following separate situations.
The stock has a $10 par value.
The stock has neither par nor stated value.
The stock has a $5 stated value.
Journal entry worksheet
A
C
Record the issue of 12,000 shares of no-par, no-stated value common stock for
$166,800 cash.
Note: Enter debits before credits. Exercise 11-3(Algo) Accounting for par, stated, and no-par stock issuances LO P1
Rodriguez Corporation issues 12,000 shares of its common stock for $166,800 cash on February 20. Prepare journal entries to record
this event under each of the following separate situations.
The stock has a $10 par value.
The stock has neither par nor stated value.
The stock has a $5 stated value.
Journal entry worksheet
A
B
C
Record the issue of 12,000 shares of $5 stated value common stock for
$166,800 cash.
Note: Enter debits before credits.
Rodriguez Corporation issues 12,000 shares of its common stock for $166,800 cash on February 20. Prepare journal entries to record
this event under each of the following separate situations.
The stock has a $10 par value.
The stock has neither par nor stated value.
The stock has a $5 stated value.
Journal entry worksheet
A
B
C
Record the issue of 12,000 shares of $10 par value common stock for
$166,800 cash.
Note: Enter debits before credits.
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