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Rodriguez Corporation Issues 11,000 shares of its common stock for $78,400 cash on February 20 . Prepare journal entries to record this event under each
Rodriguez Corporation Issues 11,000 shares of its common stock for $78,400 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations 1. the stock has a $4 par value. 2. The stock has nether par nor stated value 3. The stock has a $2 stated value. Journal entry worksheet Record the issue of 11,000 shares of $4 par value common stock for $78,400 cash. Notes Enter debits before credits
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