Rodriguez Corporation issues 12,000 shares of its common stock for $99,500 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $6 par value. 2. The stock has neither par nor stated value, 3. The stock has a $3 stated value. Journal entry worksheet Record the issue of 12,000 shares of $6 par value common stock for $99,500 cash. Note: Enter debits before credits. Rodriguez Corporation issues 12,000 shares of its common stock for $99,500 cash on February 20 . Prepare journal entries to record this event under each of the following separate situations. 1. The stock has a $6 par value. 2. The stock has neither par nor stated value, 3. The stock has a $3 stated value. Journal entry worksheet Record the issue of 12,000 shares of $6 par value common stock for $99,500 cash. Note: Enter debits before credits