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Rodriguez Corporation issues 1 5 , 0 0 0 shares of its common stock for $ 1 5 9 , 2 0 0 cash on
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.
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