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please answer and explain numbers 1-3 Rodriguez Corporation issues 15,000 shares of its common stock for $139,600 cash on February 20. Prepare journal entries to

image text in transcribedplease answer and explain numbers 1-3

Rodriguez Corporation issues 15,000 shares of its common stock for $139,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $6 par value. 2. The stock has neither par nor stated value. 3. The stock has a $3 stated value. View transaction list Journal entry worksheet Record the issue of 15,000 shares of $6 par value common stock for $139,600 cash Note: Enter debits before credits. Transaction General Journal Debit Credit

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