Rodriguez Corporation issues 11,000 shares of its common stock for $70,900 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.

The stock has a $4 par value.

The stock has neither par nor stated value.

The stock has a $2 stated value.

Journal entry worksheet Record the issue of 11,000 shares of $4 par value common stock for $70,900 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 11,000 shares of no-par, no-stated value common stock for $70,900 cash. Note: Enter debits before credits. Journal entry worksheet Record the issue of 11,000 shares of $2 stated value common stock for $70,900 cash. Note: Enter debits before credits