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Exercise 11-3 (Algo) Accounting for par, stated, and no-par stock issuances LO P1 Rodriguez Corporation issues 20,000 shares of its common stock for $221.100 cash on February 20. Prepare journal entries to record this event under each of the following separate situations 1. The stock has a $10 par value. 2. The stock has neither par nor stated value. 3. The stock has a $5 stated value Journal entry worksheet Record the issue of 20,000 shares of no-par, no-stated value common stock for $221,100 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal Journal entry worksheet > Record the issue of 20,000 shares of $5 stated value common stock for $221,100 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general Journal