Rodriguez Corporation issues $16,000$ shares of its common stock for $$206,700$ cash on February $20.$ Prepare journal entries to record

this event under each of the following separate situations.

The stock has a $$12$ par value.

The stock has neither par nor stated value.

The stock has a $$6$ stated value.

A Record the issue of $16,000$ shares of $$12$ par value

common stock for $$206,700$ cash.

B Record the issue of $16,000$ shares of no$-$par, no$-$stated

value common stock for $$206,700$ cash.

C Record the issue of $16,000$ shares of $$6$ stated value

common stock for $$206,700$ cash.

Note : $=$ journal entry has been entered