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Rodriguez Corporation issues 12,000 shares of its common stock for $235,800 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 $235,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.
- The stock has a $16 par value.
- The stock has neither par nor stated value.
- The stock has a $8 stated value.
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Finance The Basics
Authors: Erik Banks
1st Edition
0415384575, 9780415384575
