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Rodriguez Corporation issues 1 1 , 0 0 0 shares of its common stock for $ 2 3 2 , 8 0 0 cash on

Rodriguez Corporation issues 11,000 shares of its common stock for $232,800 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 neither par nor stated value. 3. The stock has a $9 stated value. Journal entry worksheet Record the issue of 11,000 shares of $18 par value common stock for $232,800 cash. Note Enter debts before undes.

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