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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 Algo Accounting for par, stated, and nopar stock issuances LO P Exercise Algo Accounting for par, stated, and nopar stock issuances LO P
Rodriguez Corporation issues shares of its common stock for $ cash on February Prepare journal entries to record
this event under each of the following separate situations.
The stock has a $ par value.
The stock has neither par nor stated value.
The stock has a $ stated value.
Journal entry worksheet
A
C
Record the issue of shares of nopar, nostated value common stock for
$ cash.
Note: Enter debits before credits. Exercise Algo Accounting for par, stated, and nopar stock issuances LO P
Rodriguez Corporation issues shares of its common stock for $ cash on February Prepare journal entries to record
this event under each of the following separate situations.
The stock has a $ par value.
The stock has neither par nor stated value.
The stock has a $ stated value.
Journal entry worksheet
A
B
C
Record the issue of shares of $ stated value common stock for
$ cash.
Note: Enter debits before credits.
Rodriguez Corporation issues shares of its common stock for $ cash on February Prepare journal entries to record
this event under each of the following separate situations.
The stock has a $ par value.
The stock has neither par nor stated value.
The stock has a $ stated value.
Journal entry worksheet
A
B
C
Record the issue of shares of $ par value common stock for
$ cash.
Note: Enter debits before credits.
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