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Rodriguez Corporation issues 12,000 shares of its common stock for $169,800 cash on February 20. Prepare journal entries to record this event under each of
Rodriguez Corporation issues 12,000 shares of its common stock for $169,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $10 par value. 2. The stock has nelther par nor stated value. 3. The stock has a $5 stated value View transaction list Journal entry worksheet Record the issue of 12,000 shares of $10 par value common stock for $169,800 cash. Note: Enter debits before credits. Transactio General Journal Debit Credit Record entry Clear entry View general journal
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