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Please Help Rodriguez Corporation issues 7,000 shares of its common stock for $174,600 cash on February 20. Prepare journal entries to record this event under
Please Help
Rodriguez Corporation issues 7,000 shares of its common stock for $174,600 cash on February 20. Prepare journal entries to record this event under each of the following separate situations, 1. The stock has a $18 par value. 2. The stock has nelther par nor stated value. 3. The stock has a $9 stated value. View transaction list Journal entry worksheet A B C Record the issue of 7,000 shares of $18 par value common stock for $174,600 cash Note: Enter debits before credits General Journal Debit Credit Transaction 1 View transaction list Journal entry worksheet Step by Step Solution
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