Rodriguez Corporation issues 14,000 shares of its common stock for $209,800 cash on February 20. Prepare journal entries to record this event under each of the following separate situations.

1. The stock has a $12 par value.
2. The stock has neither par nor stated value.
3. The stock has a $6 stated value.

• Record the issue of 14,000 shares of $12 par value common stock for $209,800 cash.
• Record the issue of 14,000 shares of no-par, no-stated value common stock for $209,800 cash.
• Record the issue of 14,000 shares of $6 stated value common stock for $209,800 cash.