Rodriguez Corporation issues 12,000 shares of Its common stock for $68,800 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 neither par nor stated value. 3. The stock has a $2 stated value. View transaction list View journal entry worksheet No Transaction General Journal Debit Credit Cash Common stock, $4 par value Cash Common stock, no par value Cash Common stock. $2 stated value Prev 3 of 15 Next >